The rule in plain words
Check that reported values are positive numbers or zero
In Credit and counterparty credit risks and free deliveries: standardised approach to capital requirements for SDDTs (CR SA SDDT) (SC07.00.01.01): every value in the cells it covers must be zero or more.
What to do if your return fails it
- 01Open the table below and find the cells the rule reads.
- 02Look for a value below zero in these cells, such as an amount entered as a negative number.
- 03It runs only when your filing indicators mark SC07.00.01 as reported.
- 04This is a warning. It does not stop the return on its own, but your supervisor may ask you to explain it.
The cells it reads
Credit and counterparty credit risks and free deliveries: standardised approach to capital requirements for SDDTs (CR SA SDDT) (SC07.00.01.01)
Rows
- R0010Total exposures
- R0015of which: Defaulted exposures
- R0020of which: SME
- R0021of which: Exposures to corporates - Specialised lending - Object finance exposures
- R0022of which: Exposures to corporates - Specialised lending - Commodities finance exposures
- R0023of which: Exposures to corporates - Specialised lending - Project finance exposures
- R0024of which: pre-operational phase
- R0025of which: operational phase
- R0026of which: high quality operational phase
- R0070On-balance sheet exposures subject to credit risk
- R0080Off-balance sheet exposures subject to credit risk
- R01400%
- R01502%
- R01604%
- R017010%
- R017115%
- R018020%
- R018125%
- R018230%
- R019035%
- R019140%
- R019245%
- R020050%
- R020160%
- R020265%
- R021070%
- R022075%
- R022180%
- R022285%
- R0230100%
- R0231105%
- R0232110%
- R0233130%
- R0234135%
- R0240150%
- R0250250%
- R0261400%
- R02701250%
- R0280Other risk weights
- R0281Look-through approach
And 18 more.
Column
- C0150Fully adjusted exposure value (E*)
Sheets
- S0001Total (SA exposures)
- S0002Central governments or Central banks
- S0003Regional governments or local authorities
- S0004Public sector entities
- S0005Multilateral development banks
- S0006International organisations
- S0007Institutions
- S0008Corporates
- S0009Retail
- S0010Real estate exposures
- S0011Exposures in default
- S0012Exposures associated with particularly high risk
- S0013Eligible covered bonds
- S0015Exposures in the form of units or shares in collective investment undertakings (‘CIUs’)
- S0016Subordinated debt, equity and other own funds instruments
- S0017Other items
Which returns it applies to
Line4 Check runs it on the own funds for SDDTs (PRA116) return on Bank of England banking taxonomy 4.1.1. The Bank of England applies it to own funds for SDDTs (PRA116) returns, as a warning.
The Bank’s own words and formula
The first paragraph of the plain words above is the Bank of England’s own, word for word, from its list of validations. The second spells out its formula, with each cell named from its templates.
Show the formulaShowHide
The Bank of England's formula. Cells are written as {t: table, r: row, c: column}.
{t: SC07.00.01.01} >= 0Where it applies, in the Bank's words (its scope):
scope({t: SC07.00.01.01, r:0010;0015;0020;0021;0022;0023;0024;0025;0026;0070;0080;0140;0150;0160;0170;0171;0180;0181;0182;0190;0191;0192;0200;0201;0202;0210;0220;0221;0222;0230;0231;0232;0233;0234;0240;0250;0261;0270;0280;0281;0282;0283;0284;0285;0330;0331;0332;0340;0341;0342;0343;0344;0350;0351;0352;0353;0354;0360,c:0150,z:0001;0002;0003;0004;0005;0006;0007;0008;0009;0010;0011;0012;0013;0015;0016;0017, f: banking, fv: banking_reporting_sddt})Other rules on Credit and counterparty credit risks and free deliveries: standardised approach to capital requirements for SDDTs (CR SA SDDT) (SC07.00.01.01)
- Check that reported values are positive numbers or zero (boe_b0054_ss)Blocking
- Values reported in these columns should be less than or equal to zero (boe_b0056_ss)
- Check that reported values are positive numbers or zero (boe_b0053_ss)
- Values reported in these columns should be greater than or equal to zero (boe_b0057_ss)Blocking
- Total exposures row 0010 should be equal to the sum of all exposures allocated to the breakdown of risk weights applicable for the exposures (boe_b0052_ss)
- The data entry for the corresponding cell should be greater than or equal to zero (boe_b0058_ss)Blocking
- Credit and counterparty credit risks and free deliveries: standardised approach to capital requirements for SDDTs (CR SA SDDT): a total must equal the sum of its parts (boe_b0051_ss)
- Credit and counterparty credit risks and free deliveries: standardised approach to capital requirements for SDDTs (CR SA SDDT): a cell must be left empty (boe_b0059_ss)
Every PRA banking rule on SC07.00.01.01
Checks like this one, run at the point of submission, are the first step to real-time supervision. Line4 builds SupTech software for financial regulators that runs checks like these as each return arrives.