The rule in plain words
In Intragroup financial reporting (detailed breakdown) Breakdown of financial liabilities (SR08.01.04.01): 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 SR08.01.04 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
Intragroup financial reporting (detailed breakdown) Breakdown of financial liabilities (SR08.01.04.01)
Rows
- R0050Deposits
- R0051Current accounts / overnight deposits
- R0052Deposits with agreed maturity
- R0053Deposits redeemable at notice
- R0054Repurchase agreements
- R0360Debt securities issued
- R0370Certificates of deposits
- R0380Asset-backed securities
- R0390Covered bonds
- R0400Hybrid contracts
- R0410Other debt securities issued
- R0420Convertible compound financial instruments
- R0430Non-convertible
- R0440Other financial liabilities
Column
- C0020Designated at fair value through profit or loss
Which returns it applies to
Line4 Check runs it on the intragroup financial reporting (core and detailed breakdowns) (RFB004) return on Bank of England banking taxonomy 4.1.1. The Bank of England applies it to intragroup financial reporting (core and detailed breakdowns) (RFB004) returns, as a warning.
The Bank’s own words and formula
The plain words above spell out the Bank’s formula, with each cell named from its templates. In the Bank of England’s list of validations, word for word:
boe_b0108_s: T1: SR08.01.04.01; rows: {SR08.01.04.01, r0050-0440}; columns: {SR08.01.04.01, c0020}; Expression: {SR08.01.04.01} >= 0
Show the formulaShowHide
The Bank of England's formula. Cells are written as {t: table, r: row, c: column}.
{t: SR08.01.04.01} >= 0Where it applies, in the Bank's words (its scope):
scope({t: SR08.01.04.01, r: 0050; 0051; 0052; 0053; 0054; 0360; 0370; 0380; 0390; 0400; 0410; 0420; 0430; 0440, c: 0020, seq: False, f: banking, fv: structural_reform})Other rules on Intragroup financial reporting (detailed breakdown) Breakdown of financial liabilities (SR08.01.04.01)
- Every value in the cells it covers must be zero or more (boe_b0108_1_s)
- Every value in the cells it covers must be zero or more (boe_b0107_s)
- Intragroup financial reporting (detailed breakdown) Breakdown of financial liabilities: two values must match (boe_b0109_m)Blocking
- "Short positions" must equal the sum of "Equity instruments" and "Debt securities" (boe_v0827_m)Blocking
- Intragroup financial reporting (detailed breakdown) Breakdown of financial liabilities: a total must equal the sum of its parts (boe_v0829_m)Blocking
- Intragroup financial reporting (detailed breakdown) Breakdown of financial liabilities: a total must equal the sum of its parts (boe_v0830_m)BlockingNot run
- "Other debt securities issued" must equal the sum of "Convertible compound financial instruments" and "Non-convertible" (boe_v1948_m)Blocking
- Intragroup financial reporting (detailed breakdown) Breakdown of financial liabilities: a total must equal the sum of its parts (boe_v2277_m)Blocking
Every PRA banking rule on SR08.01.04.01
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.