I’m inclined to think the compression ratio rumor revolves around the allowed cylinder head “inserts” & “dismountable components exposed to the combustion chamber.” Inserts as in press-fit components within a monolithic part. Dismountable components as in separate parts fastened to monolithic parts. All prescribed and typical ICE parts.
Allowed cylinder head inserts (C5.1.7) are limited to the expected: valve seats, valve guides, and spark plug sleeves. They must comprise ≤3% of the cylinder head volume.
ICE components in general may be no more than 10% inserts by volume (C5.1.

and this seems to include the other half of the CC--the piston. A piston has bushings for the wrist pin and if they do not consume 10% of the piston volume presumably an expanding insert could be placed on the piston face as the face geometry is unregulated.
Dismountable components within the combustion chamber (C5.1.9) are limited to: spark plug, fuel injector, poppet valves, a sleeve for the spark plug, and “a single component to replace an in-cylinder pressure sensor.” The lattermost stands out to me. I read that as a plug or blanking device. “In-cylinder pressure sensor” on its own is not in the list. That might just be an oversight in the writing. When are pressure sensors in place and in what share of the cylinders? I had assumed in the prev regs that they were always in place in each cylinder. Maybe they were not and were only used for homologation, and a knock sensor elsewhere in the block was used. Regardless, a plug is permitted and only its outside diameter is spec’d as max 7mm. A free geometry plug might supply the TE displacement needed, imo.
The volume of the CC at TDC and 16:1 will be around 17cc. Rather small, obviously, so a displacement of only 2cc is needed to provide the 15cc of an 18:1 CC. A cube of side 1.4mm. A grain of sand inside of an ⌀80mm crisp.
Ultimately, spectators are now at least talking about the incredible 18:1 compression ratio that was achieved previously. Diesel level--at 12k RPM, or... three times diesel engine speeds.
Note there is no cheating being implied. The FIA CR test is done at room temperature and that’s all they asked for.