The rule in plain words
Balance sheet exposures must be positive or zero
In Size of SDDTs' trading business (STB SDDT) (SC90.00.01.01): every value in "Month 3" (row 0010), "Month 2" (row 0020) and "Month 1" (row 0030) in "Total" (column 0030) and "Total assets" (column 0080) 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 SC90.00.01 as reported.
- 04This is a blocking check. A return that fails it is normally rejected, so fix it before you submit.
The cells it reads
Size of SDDTs' trading business (STB SDDT) (SC90.00.01.01)
Rows
- R0010Month 3
- R0020Month 2
- R0030Month 1
Columns
- C0030Total
- C0080Total assets
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 blocking check.
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: SC90.00.01.01, r: 0010; 0020; 0030, c: 0030; 0080} >= 0Checks 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.