The rule in plain words
OTHER RISK EXPOSURE AMOUNTS (TOTAL) should exceed or be equal to the sum of the "of which" rows
In column "All approaches" (0010) of Own funds requirements for SDDTs (CA2 SDDT) (SC02.00.01.01): "Other risk exposure amounts" (row 0690) must not be less than the sum of "Of which: Additional stricter prudential requirements based on Article 458" (row 0710), "Of which: Additional stricter prudential requirements based on Article 459" (row 0750) and "Of which: Additional risk exposure amount due to Article 3 CRR" (row 0760).
What to do if your return fails it
- 01Open the table below and find the cells the rule reads.
- 02Compare the values in your return. If the first is smaller than it may be, one of them is wrong: check both before you change either.
- 03The Bank of England allows a small rounding difference, worked out from the decimals each value is reported with.
- 04It runs only when your filing indicators mark SC02.00.01 as reported.
- 05This 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
Own funds requirements for SDDTs (CA2 SDDT) (SC02.00.01.01)
Rows
- R0690Other risk exposure amounts
- R0710Of which: Additional stricter prudential requirements based on Article 458
- R0750Of which: Additional stricter prudential requirements based on Article 459
- R0760Of which: Additional risk exposure amount due to Article 3 CRR
Column
- C0010All approaches
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: SC02.00.01.01, r: 0690, c: 0010} >= sum({t: SC02.00.01.01, r: 0710; 0750; 0760, c: 0010})Other rules on Own funds requirements for SDDTs (CA2 SDDT) (SC02.00.01.01)
- This is the sum of SA Credit Risk exposures (excl. securitisations) for each SA Credit Risk exposure class (boe_b0138_ss)Blocking
- Risk weighted exposure amount for Credit risk is the sum of SA Credit Risk, Securitisation Positions and row 0460 (boe_b0137_ss)
- Own funds requirements for SDDTs (CA2 SDDT): total risk exposure amount is the sum of these rows (boe_b0136_ss)Blocking
Every PRA banking rule on SC02.00.01.01
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.