REF 2020 and Open Access for Monographs

HEFCE made the following announcement in their newsletter of 6th February; please refer to HEFCE’s website for further details.
“In planning an approach for Open Access and the next REF, we received very clear advice that the monograph publishing world is not yet ready to support an Open Access requirement. We have listened to this advice, and are proposing that monographs will not be required to be published in an Open Access form to be eligible for the next REF”.