Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/154648
Authors: 
Bholat, David
Year of Publication: 
2016
Series/Report no.: 
ECB Statistics Paper 13
Abstract: 
This article discusses a small scale pilot to harmonise three Bank of England statistical and regulatory data forms. The primary purpose of the pilot was to assess opportunities for improved operational efficiency in regulatory reporting. The broader purpose was to demonstrate how common data standards can be created from heterogeneous data sets. In the course of discussing the pilot, the article explains the history of how data has been collected at the Bank of England; how that process is changing in light of the Bank’s Strategic Plan; and why a common data standard is a critical financial market infrastructure fundamental to the success of global regulatory reform.
Subjects: 
Bank of England
central banks
data standards
metadata
regulatory reporting
JEL: 
E58
C81
G18
Persistent Identifier of the first edition: 
ISBN: 
978-92-899-2343-9
Document Type: 
Working Paper
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