Statistical Notices to Reporting Banks 2006/07
Statistical Notices should be received by all those responsible for the completion of Bank of England returns. To amend the circulation list please contact Stuart Watson (Tel. 020 7601 5574).
- Cash Ratio Deposits (effective immediately)
- International Financial Reporting Standards (IFRS) (information)
- Expansion of the EU (effective 1 January 2007)
- Contents page for Yellow Folder (update)
1. Cash Ratio Deposits (effective immediately)
Cash Ratio Deposits (CRDs) are non-interest bearing deposits lodged with the Bank of England by eligible institutions (ie. banks and building societies), who have reported average eligible liabilities (ELs) in excess of £500 million over a six-month calculation period.
The level of each institution’s CRD is calculated twice yearly (in May and November) at 0.15% of average ELs in excess of £500 million over the previous six end-calendar months. The next adjustment to CRDs is due to take place on Friday 1 December, based on data reported on BT item 46 (Total eligible liabilities) for the months of May to October 2006.
The deadline for revisions to ELs to be reflected in the 1 December adjustment is 5pm on 16 November 2006, call notices will be issued shortly thereafter. Amendments to BT item 46 can be made via the usual contacts, but must be confirmed either in writing or by re-submitting the form.
If you have any queries relating to CRDs, please contact Sarah Waddington (Tel. 020 7601 5505).
2. International Financial Reporting Standards (IFRS) (information)
As mentioned in Statistical Notice 2006/06, an updated version of an earlier paper entitled “IFRS: A Review of Issues likely to impact on MFSD’s data” is now available on our website.
Related resources
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Go to "Useful Information" page |
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Go to Statistical Notice 2006/06 |
3. Expansion of the EU (effective 1 January 2007)
As from 1 January 2007 the European Union will expand to include Bulgaria and Romania. For income and expenditure data reported on Form PL, data classified as “of which EU” should be reported entirely on the expanded EU from the beginning of Q1 2007.
The country region classification lists within the Classification of Accounts Guide have been updated and are attached.
If you have any queries on the reporting of Form PL data for the expanded EU, please contact Jenna Beresford (Tel. 020 7601 3814).
Related resources
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Download updated Classification of Accounts Guide |
4. Contents page for Yellow Folder (update)
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Updated contents page |
Bank of England
Monetary & Financial Statistics Division
9 November 2006
