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<p><span>The Reporting Transformation Committee will focus on overseeing the design of solutions for parts of the reporting process where the Bank, FCA and reporting firms interact directly. This will cover aspects of modernising reporting instructions and creating a better integrated end-to-end reporting process.</span></p>
<p><span>The Data Standards Committee will serve as a forum for relevant stakeholders including reporting firms, trade bodies and relevant standard setting bodies to propose solutions in the area of data standards.</span></p>
<p><span>The Data Standards Committee will serve as a forum for relevant stakeholders including reporting firms, trade bodies and relevant standard setting bodies to propose solutions in the area of data standards.</span></p>