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2 min readBlockingBank of England banking taxonomy 4.1.1Updated 11 November 2026

Total retail Other SME Exposure value across countries = Total retail Other SME exposures (AIRB approach) reported in of 08.01 (OF09.02.01.01, OF08.01.01.01, Bank of England check boe_b0298)

A blocking check on the geographical breakdown of exposures by residence of the obligor: IRB exposures (CR GB 2) (OF09.02.01.01) and credit and counterparty credit risks and free deliveries: IRB approach to capital requirements (CR IRB 1) (OF08.01.01.01) templates, in the own funds (PRA001) return.

Line4 Check runs it on the own funds (PRA001) return, proven on test files, check by check: the same outcome on all three test files of that return.

Check your file for this ruleWhat to do if it fails

The rule in plain words

TOTAL RETAIL Other SME Exposure value across countries = Total RETAIL Other SME EXPOSURES (AIRB approach) reported in OF 08.01

In Geographical breakdown of exposures by residence of the obligor: IRB exposures (CR GB 2) (OF09.02.01.01): "Other SMEs" in column "Exposure value" (row 0120, column 0105) (where country where the exposure is generated is "All countries") must equal "Total exposures" in column "Exposure value" (row 0010, column 0110) on sheet "Retail - Other SME (AIRB approach)" (sheet 0016) in Credit and counterparty credit risks and free deliveries: IRB approach to capital requirements (CR IRB 1) (OF08.01.01.01).

What to do if your return fails it

  1. 01Open the tables below and find the cells the rule reads.
  2. 02The two values must be the same. Find which of the two is right, and correct the other one.
  3. 03The Bank of England allows a small rounding difference, worked out from the decimals each value is reported with.
  4. 04It runs only when your filing indicators mark OF08.01.01 and OF09.02.01 as reported.
  5. 05This is a blocking check. A return that fails it is normally rejected, so fix it before you submit.

The cells it reads

Credit and counterparty credit risks and free deliveries: IRB approach to capital requirements (CR IRB 1) (OF08.01.01.01)

Row

  • R0010Total exposures

Column

  • C0110Exposure value

Sheet

  • S0016Retail - Other SME (AIRB approach)

Geographical breakdown of exposures by residence of the obligor: IRB exposures (CR GB 2) (OF09.02.01.01)

Row

  • R0120Other SMEs

Column

  • C0105Exposure value

A worked example

With simple numbers.

Illustrative values
Total exposures, Exposure value1,200
What the rule then expects

Other SMEs, Exposure value must then be 1,200.

1,200Passes
1,300Fails

A file that reports 1,200 passes. One that reports 1,300 fails, by 100.

The numbers are illustrative, reported to the unit, so the rounding tolerance does not change the result.

Which returns it applies to

Line4 Check runs it on the own funds (PRA001) return on Bank of England banking taxonomy 4.1.1. The Bank of England applies it to own funds (PRA001) 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 formulaShow

The Bank of England's formula. Cells are written as {t: table, r: row, c: column}.

{t: OF09.02.01.01, r: 0120, c: 0105, filter: [eba_dim:CEG] = [eba_GA:x1]} = {t: OF08.01.01.01, r: 0010, c: 0110, z: 0016}

Every PRA banking rule on OF09.02.01.01

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.