On 3 June 2026 the Bank of England issued a statistical notice announcing that its Statistics Taxonomy version 1.3.1 will replace version 1.3.0 for live submissions from mid-June 2026. The update follows a public working draft and feedback from firms and includes technical enhancements, validation fixes and data-point model changes, while the reporting requirements themselves remain unchanged. Firms are advised that v1.3.1 is not backwards compatible with v1.3.0; instance documents created under the old taxonomy will not be accepted. To prepare, companies should update their reporting systems, confirm the correct taxonomy entry points, engage software providers, and review the published change log. The Statistical Utility tool will no longer be supported, so alternative XBRL generation solutions must be arranged. Sample files are provided only for illustration; firms must complete testing and internal assurance before submitting live returns.
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Summary adapted from the Bank of England website (https://www.bankofengland.co.uk ).
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