1 min readWarningBank of England banking taxonomy 4.1.1Updated 11 November 2026

Part 1: Aggregate information: "Peak daily value processed" must not be less than "Average daily value processed" (SR807.01.07.01, Bank of England check boe_b1035_m)

A warning on the part 1: Aggregate information template (SR807.01.07.01), in the use of financial market infrastructures (RFB007) return.

Line4 Check runs it on the use of financial market infrastructures (RFB007) return, proven on test files, check by check: the same outcome on all seven test files of that return.

The rule in plain words

In row "Total for all entities in the RFB sub-consolidation group other than ring-fenced banks" (row 010) of Part 1: Aggregate information (SR807.01.07.01): "Peak daily value processed" (column 050) must not be less than "Average daily value processed" (column 040).

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. 03It runs only when your filing indicators mark SR807.01.07 as reported.
  4. 04This is a warning. It does not stop the return on its own, but your supervisor may ask you to explain it.

The cells it reads

Part 1: Aggregate information (SR807.01.07.01)

Row

  • R010Total for all entities in the RFB sub-consolidation group other than ring-fenced banks

Columns

  • C040Average daily value processed
  • C050Peak daily value processed

Which returns it applies to

Line4 Check runs it on the use of financial market infrastructures (RFB007) return on Bank of England banking taxonomy 4.1.1. The Bank of England applies it to use of financial market infrastructures (RFB007) returns, as a warning.

The Bank’s own words and formula

The plain words above spell out the Bank’s formula, with each cell named from its templates. In the Bank of England’s list of validations, word for word:

boe_b1035_m: T1: SR807.01.07.01; rows: {SR807.01.07.01, r010}; Expression: {SR807.01.07.01, c050} >= {SR807.01.07.01, c040}
Show the formulaShow

The Bank of England's formula. Cells are written as {t: table, r: row, c: column}.

{t: SR807.01.07.01, c: 050} >= {t: SR807.01.07.01, c: 040}

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

scope({t: SR807.01.07.01, r: 010, seq: False, f: banking, fv: structural_reform})

Every PRA banking rule on SR807.01.07.01

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.