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

The Fully-adjusted exposure value is the sum of the fully adjusted exposure values of off-balance sheet items by conversion factors (OF07.00.01.05, Bank of England check boe_b0710_3)

A blocking check on the credit and counterparty credit risks and free deliveries: standardised approach to capital requirements (CR SA) - Memorandum items - Retail and real estate exposures - subject to the currency mismatch multiplier template (OF07.00.01.05), 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

The Fully-adjusted exposure value is the sum of THE FULLY ADJUSTED EXPOSURE VALUES OF OFF-BALANCE SHEET ITEMS BY CONVERSION FACTORS

In row "Retail and real estate exposures - subject to the currency mismatch multiplier" (row 0380) of Credit and counterparty credit risks and free deliveries: standardised approach to capital requirements (CR SA) - Memorandum items - Retail and real estate exposures - subject to the currency mismatch multiplier (OF07.00.01.05): "Fully adjusted exposure value (E*)" (column 0150) must equal the sum of "10%" (column 0160), "20%" (column 0170), "40%" (column 0171), "50%" (column 0180) and "100%" (column 0190).

What to do if your return fails it

  1. 01Open the table below and find the cells the rule reads.
  2. 02Add up the parts in your return and compare the result with the total.
  3. 03If they differ, a part is missing, a value sits in the wrong cell, or the total is out of date.
  4. 04The Bank of England allows a small rounding difference, worked out from the decimals each value is reported with.
  5. 05It runs only when your filing indicators mark OF07.00.01 as reported.
  6. 06This 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) - Memorandum items - Retail and real estate exposures - subject to the currency mismatch multiplier (OF07.00.01.05)

Row

  • R0380Retail and real estate exposures - subject to the currency mismatch multiplier

Columns

  • C0150Fully adjusted exposure value (E*)
  • C016010%
  • C017020%
  • C017140%
  • C018050%
  • C0190100%

Sheets

  • S0001Total (SA exposures)
  • S0009Retail
  • S0010Real estate exposures

A worked example

With simple numbers.

Illustrative values
10%1,200
20%800
40%450
50%300
100%150
Together2,900
What the rule then expects

Fully adjusted exposure value (E*) must then be 2,900.

2,900Passes
3,000Fails

A file that reports 2,900 passes. One that reports 3,000 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: OF07.00.01.05, c: 0150} = {t: OF07.00.01.05, c: 0160} + {t: OF07.00.01.05, c: 0170} + {t: OF07.00.01.05, c: 0171} + {t: OF07.00.01.05, c: 0180} + {t: OF07.00.01.05, c: 0190}

Where it applies, in the Bank's words (its scope):

scope({t: OF07.00.01.05, r:0380,z:0001;0009;0010, f: banking, fv: banking_reporting})

Every PRA banking rule on OF07.00.01.05

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.