The rule in plain words
In Part 2: Transactions with central banks (SR808.05.08.02): every value in the cells it covers must be zero or more.
What to do if your return fails it
- 01Open the table below and find the cells the rule reads.
- 02Look for a value below zero in these cells, such as an amount entered as a negative number.
- 03It runs only when your filing indicators mark SR808.05.08 as reported.
- 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 2: Transactions with central banks (SR808.05.08.02)
Column
- C040Number of transactions
Which returns it applies to
Line4 Check runs it on the excluded activities and prohibitions (RFB008) return on Bank of England banking taxonomy 4.1.1. The Bank of England applies it to excluded activities and prohibitions (RFB008) 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_b1102_s: T1: SR808.05.08.02; columns: {SR808.05.08.02, c040}; Expression: {SR808.05.08.02} >= 0
Show the formulaShowHide
The Bank of England's formula. Cells are written as {t: table, r: row, c: column}.
{t: SR808.05.08.02} >= 0Where it applies, in the Bank's words (its scope):
scope({t: SR808.05.08.02, c: 040, seq: False, f: banking, fv: structural_reform})Other rules on Part 2: Transactions with central banks (SR808.05.08.02)
Every PRA banking rule on SR808.05.08.02
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.
