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

Exposures subject to the standardised approach due to a roll-out plan shouldn't exceed total exposures (row 0010) (OF07.00.01.01, Bank of England check boe_b1033)

A blocking check on the credit and counterparty credit risks and free deliveries: standardised approach to capital requirements (CR SA) template (OF07.00.01.01), 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.

Line4 Check does not run it on the step-in risk (PRA115) return. Held back, never run on a test file. It never runs on any test file of the return, so it cannot be proven yet. It is held back until it is proven.

Check your file for this ruleWhat to do if it fails

The rule in plain words

Exposures subject to the standardised approach due to a roll-out plan shouldn't exceed total exposures (row 0010)

In each of 9 columns (listed below) of Credit and counterparty credit risks and free deliveries: standardised approach to capital requirements (CR SA) (OF07.00.01.01): "of which: Exposures subject to the standardised approach due to a roll-out plan" (row 0060) must not be less than "Total exposures" (row 0010).

What to do if your return fails it

  1. 01Open the table 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)

Rows

  • R0010Total exposures
  • R0060of which: Exposures subject to the standardised approach due to a roll-out plan

Columns

  • C0030(-) Value adjustments and provisions associated with the original exposure
  • C0035(-) Adjustment to exposure value due to on-balance sheet netting
  • C0050(-) Guarantees
  • C0060(-) Credit derivatives
  • C0070(-) Financial collateral: simple method
  • C0080(-) Other funded credit protection
  • C0090(-) Total Outflows
  • C0130(-) Financial collateral: adjusted value (Cvam)
  • C0140(-) of which: Volatility and maturity adjustments

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) return on Bank of England banking taxonomy 4.1.1. It is an active check of the Bank's for the step-in risk (PRA115) return too, where Line4 Check does not run it yet, for the reason above. The Bank of England applies it to own funds (PRA001) and step-in risk (PRA115) 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: OF07.00.01.01, r: 0060} >= {t: OF07.00.01.01, r: 0010}

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

scope({t: OF07.00.01.01, c:0030;0035;0050;0060;0070;0080;0090;0130;0140,z:0001;0002;0003;0004;0005;0006;0007;0008;0009;0010;0011;0012;0013;0015;0016;0017, f: banking, fv: banking_reporting})

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

The Bank of England uses boe_b1033 for a different check in the step-in risk (PRA115) return. There it is a blocking check on identification of step-in entities (SI1) (SI01.00.01.01) and detailed reporting of material step-in entities (SI2) (SI02.00.01.01).

If the entity is material, then "Type of code" (c0020) must be consistent across templates for each corresponding "Entity code" (c0010) and "Material entity group code" (c0080), if applicable.

In Identification of step-in entities (SI1) (SI01.00.01.01): "Type of Code" (column 0020) must equal "Type of Code" (column 0020) in Detailed reporting of material step-in entities (SI2) (SI02.00.01.01).

Identification of step-in entities (SI1) (SI01.00.01.01)

Column

  • C0020Type of Code

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

Column

  • C0020Type of Code

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: SI01.00.01.01, c: 0020} = {t: SI02.00.01.01, c: 0020}

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.