The rule in plain words
The data entry for the corresponding cell should be greater than or equal to zero
In Credit and counterparty credit risks and free deliveries: standardised approach to capital requirements (CR SA) (OF07.00.01.01): every value in the cells it covers must be zero or more.
What to do if your return fails it
- 01Open the tables 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 OF07.00.01 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
Credit and counterparty credit risks and free deliveries: standardised approach to capital requirements (CR SA) (OF07.00.01.01)
Rows
- R0010Total exposures
- 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
- R0282Mandate-based approach
- R0283Fall-back approach
- R0284of which: exposures to relevant CIUs
- R0285of which: exposures to relevant CIUs
Column
- C0240Of which: with a credit assessment derived from central government
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
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
- 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
- R0282Mandate-based approach
- R0283Fall-back approach
- R0284of which: exposures to relevant CIUs
- R0285of which: exposures to relevant CIUs
Column
- C0240Of which: with a credit assessment derived from central government
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 (PRA001) and own funds for SDDTs (PRA116) returns on Bank of England banking taxonomy 4.1.1. The Bank of England applies it to own funds for SDDTs (PRA116) and 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 formulaShowHide
The Bank of England's formula. Cells are written as {t: table, r: row, c: column}.
{t: OF07.00.01.01} >= 0Where it applies, in the Bank's words (its scope):
scope({t: OF07.00.01.01, r:0010;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,c:0240,z:0001;0002;0003;0004;0005;0006;0007;0008;0009;0010;0011;0012;0013;0015;0016;0017, f: banking, fv: banking_reporting})Other rules on Credit and counterparty credit risks and free deliveries: standardised approach to capital requirements (CR SA) (OF07.00.01.01)
- The data entry for the corresponding cell should be greater than or equal to zero (boe_b0662)Blocking
- Check that reported values are positive numbers or zero (boe_b0664)
- Check that reported values are positive numbers or zero (boe_b0667)Blocking
- The data entry for the corresponding cell should be greater than or equal to zero (boe_b0658)Blocking
- Check that reported values are positive numbers or zero (boe_b0669)
- Values reported in these columns should be greater than or equal to zero (boe_b0655)Blocking
- Credit and counterparty credit risks and free deliveries: standardised approach to capital requirements (CR SA): a value must not be more than another (boe_b0688)Blocking
- Total Outflows due to CRM is the sum of CRM techniques with substitution effects on the exposure (boe_b0694)Blocking
Every PRA banking rule on OF07.00.01.01
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.