The rule in plain words
Total exposures row 0170 should be the sum of all aggregate exposure class rows
In each of "Defaulted exposures" (column 0020), "Observed new defaults for the period" (column 0040) and "Credit risk adjustments/write-offs for observed new defaults" (column 0070) of Geographical breakdown of exposures by residence of the obligor: SA exposures (OF CR GB 1) (OF09.01.01.01): "Total exposures" (row 0170) must equal the sum of 14 rows (listed below).
What to do if your return fails it
- 01Open the tables below and find the cells the rule reads.
- 02Add up the parts in your return and compare the result with the total.
- 03If they differ, a part is missing, a value sits in the wrong cell, or the total is out of date.
- 04The Bank of England allows a small rounding difference, worked out from the decimals each value is reported with.
- 05It runs only when your filing indicators mark OF09.01.01 as reported.
- 06This is a blocking check. A return that fails it is normally rejected, so fix it before you submit.
The cells it reads
Geographical breakdown of exposures by residence of the obligor: SA exposures (OF CR GB 1) (OF09.01.01.01)
Rows
- R0010Central governments or central banks
- R0020Regional governments or local authorities
- R0030Public sector entities
- R0040Multilateral Development Banks
- R0050International Organisations
- R0060Institutions
- R0070Corporates
- R0080Retail
- R0090Real estate exposures
- R0110Exposures associated with particularly high risk
- R0120Eligible covered bonds
- R0140Collective investments undertakings (CIU)
- R0150Subordinated debt, equity and other own funds instruments
- R0160Other items
- R0170Total exposures
Columns
- C0020Defaulted exposures
- C0040Observed new defaults for the period
- C0070Credit risk adjustments/write-offs for observed new defaults
Geographical breakdown of exposures by residence of the obligor (SA EXPOSURES) (CR GB 1) (SC09.01.01.01)
Rows
- R0010Central governments or central banks
- R0020Regional governments or local authorities
- R0030Public sector entities
- R0040Multilateral Development Banks
- R0050International Organisations
- R0060Institutions
- R0070Corporates
- R0080Retail
- R0090Real estate exposures
- R0110Exposures associated with particularly high risk
- R0120Eligible covered bonds
- R0140Collective investments undertakings (CIU)
- R0150Subordinated debt, equity and other own funds instruments
- R0160Other items
- R0170Total exposures
Columns
- C0020Defaulted exposures
- C0040Observed new defaults for the period
- C0070Credit risk adjustments/write-offs for observed new defaults
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: OF09.01.01.01, r: 0170} = sum({t: OF09.01.01.01, r: 0010; 0020; 0030; 0040; 0050; 0060; 0070; 0080; 0090; 0110; 0120; 0140; 0150; 0160})Where it applies, in the Bank's words (its scope):
scope({t: OF09.01.01.01, c:0020;0040;0070, f: banking, fv: banking_reporting})Other rules on Geographical breakdown of exposures by residence of the obligor: SA exposures (OF CR GB 1) (OF09.01.01.01)
- Total exposures row 0170 should be the sum of all aggregate exposure class rows (boe_b0730)Blocking
- Total Collective investment undertakings (CIUs) should be the sum of Look-through, Mandate-based and Fall-back approach (boe_b0731)
- Check that reported values are positive numbers or zero (boe_b0674)Blocking
- R0094 should be less than or equal to r0090 as it's an 'of which' row (boe_b0611)Blocking
- R0093 should be less than or equal to r0090 as it's an 'of which' row (boe_b0610)Blocking
- R0092 should be less than or equal to r0090 as it's an 'of which' row (boe_b0609)Blocking
- R0091 should be less than or equal to r0090 as it's an 'of which' row (boe_b0608)Blocking
- R0085 should be less than or equal to r0080 as it's an 'of which' row (boe_b0607)Blocking
Every PRA banking rule on OF09.01.01.01
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.