On 8 December 2025, the Prudential Regulation Authority (PRA) published Policy Statement 27/25 – Future Banking Data Review: Deletion of banking reporting templates (PS27/25).
Background
PS27/25 sets out the PRA’s final policy and responses to Consultation Paper 21/25 – Future Banking Data Review: Deletion of banking reporting templates (CP21/25). In CP21/25 the PRA set out proposals to delete certain regulatory reporting requirements for banks, building societies, and designated investment firms. The proposals are an initial set of targeted deletions of whole reporting templates as a first deliverable from the Future Banking Data programme.
Final policy
In PS27/25 the PRA sets out its final policy, after considering the responses to CP21/25. The PRA confirms the deletion of the 37 templates identified in CP21/25 and the consolidation of the FINREP scoping provisions into a single section of the PRA Rulebook, also as set out in CP21/25. The PRA also includes final rules and updated final policy materials. Appendices 2 to 4 set out the PRA policy materials that have been amended or deleted as part of the final policy as described in PS27/25.
Next steps