Bank of England Revises Monthly Form BT Reporting Criteria Under Statistical Notice 2026/08

Key facts

• The Bank of England issued Statistical Notice 2026/08 changing the criteria for monthly Form BT reporting.
• Monthly Form BT reporting will generally be required where a firm also submits specified monthly Money and Credit statistical returns.
• Firms not meeting the new criteria will continue to submit Form BT quarterly unless informed otherwise.
• All banks and building societies with a deposit-taking licence must submit Form BT at least quarterly.
• Firms required to submit Forms BE, BN, GT or ER will also be required to submit Form BT monthly.
• Firms not required to submit any of those forms will generally submit Form BT quarterly.
• The Bank may still require monthly Form BT reporting at its discretion even if a firm does not submit the listed forms.
• The Bank will contact affected firms individually to confirm changes and the applicable period.
• The notice period for removing a monthly reporting requirement may be shorter than for introducing one.
• Queries should be directed to the Money and Credit Group at DSDMCG@bankofengland.co.uk.