Statistical Notice 2024/06

Statistical Notices update the definitions and guidance contained in the Banking Statistics Yellow Folder
Published on 28 February 2024

Bank of England Levy: confirmation of implementation

The Bank of England Levy (Amount of Levy Payable) Regulations 2024 (Regulations) were laid in Parliament on 22 January 2024 and were approved by the House of Commons and the House of Lords on the 20 February and 27 February, respectively. The regulations are being progressed through the final stages of the Parliamentary approval process and is expected to come into force from the 1 March. 

The Bank is preparing to return Cash Ratio Deposits (CRD) to eligible institutions and it is intended that the CRDs will be returned on the 5 March.

The Bank shall issue a further Statistical Notice before the 1 March if the information above in any way changes.


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