Taxonomy 1.3.1 FINAL
Following the Statistical Notice 2025/02, published on 31 March 2025, the Bank of England released a public working draft (PWD) of the updated taxonomy and data point model (DPM). Since the release of this PWD, the Bank has received feedback from firms and identified a few issues, of which have been resolved in the newly updated taxonomy version 1.3.1. It is important to note that the reporting requirements remain unchanged with this update; therefore, the existing published definition documents should continue to be used.
As previously outlined in Green Notice 2024/01, the Bank’s Statistical Utility tool will be withdrawn with this update to the DPM. An alternative solution for reporting XBRL includes using one of our recognised software houses listed.
The Bank of England will be updating the published list of recognised software houses for Bank of England statistical reporting via the BEEDS portal, after the BEEDS user acceptance testing environment (UAT) in Spring 2026.
Release of Taxonomy 1.3.1
Version 1.3.1 of the Bank of England Statistics Taxonomy sets out the technical implementation of the reporting requirements. This update replaces v1.3.0 and introduces technical enhancements such as validation fixes and data point model (DPM) changes.
Two UAT windows are proposed: The provisional dates for the UAT window are 12 January – 23 January 2026 and Spring 2026, the spring date will be confirmed in due course.
Bank of England Statistics Taxonomy v1.3.1 will be effective for LIVE submissions, for end-May data, due from mid-June 2026.