The financial crisis underlined the trade-off that exists between being transparent and open at all times and seeking to maintain financial stability. This article explains how the current Bank Return is being replaced with a new publication that will include additional detail across some parts of the Bank’s balance sheet but omit data relating to bilateral operations. This will allow the Bank to carry out such operations but disclose them with a delay, while moving towards a more modernised approach to reporting.
Published on
16 September 2014
Changes to the Bank’s weekly reporting regime