Line4

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

Credit and counterparty credit risks and free deliveries: standardised approach to capital requirements (CR SA): a value must not be less than another (OF07.00.01.01, SC07.00.01.01, Bank of England check boe_b1011)

A blocking check on the credit and counterparty credit risks and free deliveries: standardised approach to capital requirements (CR SA) (OF07.00.01.01) and credit and counterparty credit risks and free deliveries: standardised approach to capital requirements for SDDTs (CR SA SDDT) (SC07.00.01.01) templates, in the own funds (PRA001) and own funds for SDDTs (PRA116) returns.

Line4 Check runs it on the own funds (PRA001), step-in risk (PRA115) and own funds for SDDTs (PRA116) returns, proven on test files, check by check: the same outcome on all 14 test files of those returns.

Check your file for this ruleWhat to do if it fails

The rule in plain words

Column 0220 is for risk-weighted exposure amount (exposure value * risk weight i.e. 50% in the case of 0200 unless additional risk weight multipliers apply), row 0200 is 50% risk weight, therefore 0220 should equal or exceed c 0200 multiplied by 50%

In row "50%" (0200) of Credit and counterparty credit risks and free deliveries: standardised approach to capital requirements (CR SA) (OF07.00.01.01): "Risk-weighted exposure amount" (column 0220) must not be less than "Exposure value" (column 0200) multiplied by 0.50.

The headline gives only the template and the kind of check, because the rule is too long to say in a headline. The plain words above say all of it.

What to do if your return fails it

  1. 01Open the tables below and find the cells the rule reads.
  2. 02Compare the values in your return. If the first is smaller than it may be, one of them is wrong: check both before you change either.
  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 OF07.00.01 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: standardised approach to capital requirements (CR SA) (OF07.00.01.01)

Row

  • R020050%

Columns

  • C0200Exposure value
  • C0220Risk-weighted exposure amount

Sheets

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

Credit and counterparty credit risks and free deliveries: standardised approach to capital requirements for SDDTs (CR SA SDDT) (SC07.00.01.01)

Row

  • R020050%

Columns

  • C0200Exposure value
  • C0220Risk-weighted exposure amount

Sheets

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

Which returns it applies to

Line4 Check runs it on the own funds (PRA001), step-in risk (PRA115) 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), own funds (PRA001) and step-in risk (PRA115) returns. It is blocking for PRA116 and PRA001, and a warning for PRA115.

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: OF07.00.01.01, r: 0200, c: 0220} >= {t: OF07.00.01.01, r: 0200, c: 0200} * 0.50

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

scope({t: OF07.00.01.01, z:0001;0009;0010, f: banking, fv: banking_reporting})

The same code in the step-in risk (PRA115) return: another check

The Bank of England uses boe_b1011 for a different check in the step-in risk (PRA115) return. There it is a warning on detailed reporting of material step-in entities (SI2) (SI02.00.01.01).

Descriptions in open text fields must not exceed 4000 characters each, including spaces

Detailed reporting of material step-in entities (SI2) (SI02.00.01.01)

Columns

  • C0025Name of Entity
  • C0040Purpose and design
  • C0060Methodology used to estimate potential impact
  • C0130Sponsor
  • C0140Debt investor
  • C0150Equity investor
  • C0160Other contractual/ non-contractual relationship
  • C0170Nature and degree of sponsorship
  • C0180Degree of influence
  • C0190Implicit support
  • C0200Capitalisation and reliance on leverage
  • C0210Liquidity stress/first-mover incentive
  • C0220Transparency and disclosure
  • C0230Investor disclosure
  • C0240Accounting disclosure
  • C0250Investor risk alignment
  • C0260Reputational risk (branding/cross-selling)
  • C0270Historical dependence
  • C0280Regulatory restrictions
  • C0285Other
  • C0295Rationale for significance determination
  • C0300Mitigants employed
  • C0310In existing icaap/ilaap
  • C0320Next steps

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}.

StringLength({t: SI02.00.01.01}) <=4000

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

scope({t: SI02.00.01.01, c:0025;0040;0060;0130;0140;0150;0160;0170;0180;0190;0200;0210;0220;0230;0240;0250;0260;0270;0280;0285;0295;0300;0310;0320, f: banking, fv: step-in-risk})

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.