Operational risk: part 4 - business indicator and subcomponents (OPR): business Indicator Amount cannot be empty (OF16.00.01.04, OF16.00.01.03, SC16.00.01.03 and others, Bank of England check boe_b0912)

The rule in plain words

This is a blocking check. A return that fails it is normally rejected, so fix it before you submit. It runs only when your filing indicators mark OF16.00.01.04 as reported.

The cells it reads

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.

Other rules on Operational risk: part 4 - business indicator and subcomponents (OPR) (OF16.00.01.04)

Every PRA banking rule on OF16.00.01.04

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.