Statistical Notices to Reporting Banks 2007/10
Statistical Notices should be received by all those responsible for the completion of Bank of England returns. To amend the circulation list please contact Christopher Louth (Tel. 020 7601 5465).
- Form BT definitions (clarification)
- Form DQ (correction)
- Form CA internal validations amendment (effective from end-December 2007 reporting)
- Form CL (effective from end-December 2007 reporting)
- Form PL revised reporting threshold (effective from 1 January 2008)
1. Form BT definitions (clarification)
Following on from comments received from reporting institutions, the definitions for the appendix to Form BT Item A “Certain items held for non-residents” has been further clarified. Reporting institutions should also exclude from the appendix any securities placed in custody by other global custodians, if it is not possible for the reporting institution to determine the ultimate owner of the securities. If the reporting institution is able to determine the ultimate owner, and the owner is non-resident, then the securities should still be reported here.
The guidance given in Statistical Notice 2004/07 regarding Euroclear and Clearstream is unchanged; this clarification extends the same principle to global custodian institutions where the residency of the owner is uncertain.
Form BT definitions (both current and those effective from October) have been updated. If you have any queries relating to this guidance, please contact Stephen Burgess (Tel.0207 601 5356).
Related resources
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Form BT Definitions (current) |
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Form BT Definitions (wef end-October 2007 reporting) |
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Statistical Notice 2004/07 |
2. Form DQ (correction)
The new version of the Form DQ (effective from end-December reporting) previously released on our website, had an incorrect country breakdown in Section 3. This breakdown should not have changed from the current Form DQ.
The form has been amended and is now available to download from our website. If you have any queries relating to this change please contact Pat O'Connor (Tel. 020 7601 4450).
Related resources
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Form DQ (wef end-December 2007 reporting) |
3. Form CA internal validations amendment (effective from end-December 2007 reporting)
An error has been discovered in the new version of the Form CA validations (effective from end-December 2007). The Form BT reference in validation number 23 should read BTC26B and not BTC26BB.
The Form CA validations have been updated. If you have any queries relating to these validations please contact Nick Butt (Tel. 020 7601 5573).
Related resources
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Form CA validations (wef end-December 2007 reporting) |
4. Form CL (effective from end-December 2007 reporting)
An error has been discovered in the new version of the Form CL cross-form validations. Validation number 15 and 16 (where Form CL item C1.2 and C2.2 should be less than or equal to BT Items £AC and EAC respectively) have been reinstated.
An amendment has also been made to the new version of Form CL. The total boxes on page 12 had previously not been highlighted. Both the Form CL and the cross-form validations have been updated and can be downloaded from our website
If you have any queries relating to these changes, please contact Nick Butt as above.
Related resources
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Form CL validations (wef end-December 2007 reporting) |
5. Form PL revised reporting threshold (effective from 1 January 2008)
As part of the ongoing process of reviewing reporting thresholds to balance the burden on reporting institutions with the needs of users, the threshold for quarterly reporting of Form PL has been revised.
The current threshold for quarterly reporting is discretionary but generally £1bn of total assets reported on Form BT (BT 40). This has now been revised to discretionary but generally £3bn of total assets or £25mn of operating expenses a quarter as reported on the Form PL (PL 12). The introduction of the operating expense threshold allows us to achieve effective coverage of PL data with fewer quarterly contributors.
The reporting population of Form PL is reviewed annually with individual reporters notified of changes by the end of September. Changes will take effect from the beginning of the following year.
Reporting requirements for 2008 will be determined according to the new threshold and all reporting institutions with changes to reporting will be notified individually.
If you have any queries relating to these changes, please contact Abigail Hughes (Tel. 0207 601 4174).
Related resources
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Reporting Thresholds |
Bank of England
Monetary & Financial Statistics Division
25 September 2007
