CP26/3: Retail Banking Business Models data

Read CP26/3 (PDF)[1]

Why we're consulting

We’ve collected R2B2 data from firms on an ad hoc basis 4 times. Collecting this data infrequently leads to challenges for us in maintaining an up-to-date understanding of the retail banking market. Ad hoc requests are also burdensome for firms, making it difficult to plan, allocate resources, and automate reporting processes. 

By moving to an annual return, the data will be readily available so we can make effective and timely decisions and reduce operational disruption to firms.

We are seeking feedback on the:

• proposed approach
• thresholds
• implementation timeline

Who this is for

This consultation paper (CP) will be of interest to:

• retail banks and building societies
• industry trade bodies  
• other regulators

Next steps

Send us your views by 4 March 2026 using our online response form[2] or by emailing [email protected].

We expect to publish the results of this consultation and final rules later in 2026.

Online response form[2]

Background

R2B2 data is financial and volume-based data spanning retail banks’ and building societies’ business models. The data is important for us to understand how business models evolve, analyse how each product segment contributes to the business, and monitor competitive dynamics in the industry.

These changes are one element of broader regulatory efforts to streamline data collection and reduce unnecessary burden. We’ve improved the request after extensive engagement with industry, reducing the number of datapoints and fixing technological issues. The improved request will be available to firms in RegData.