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

Part 1: Overview: values to report together, or not at all (SR808.03.08.01, SR808.03.08.02, Bank of England check boe_b1141_m)

A blocking check on the part 1: Overview (SR808.03.08.01) and part 2: Transactions (SR808.03.08.02) templates, in the excluded activities and prohibitions (RFB008) return.

Line4 Check runs it on the excluded activities and prohibitions (RFB008) return, proven on test files, check by check: the same outcome on all eight test files of that return.

Check your file for this ruleWhat to do if it fails

The rule in plain words

In Part 1: Overview (SR808.03.08.01): either "There has been no use of the exemptions in articles 6(4)(a-d) and 6(5) in relation to the investments described in 6(4)(a), 6(4)(b) and 6(4)(d) of the Order during this reporting period" in column "Current period" (row 010, column 010) is "No use of the exemptions in articles 6(4)(a-d) and 6(5) in relation to the investments described in 6(4)(a), 6(4)(b) and 6(4)(d) of the Order" and 14 rows (listed below) in "Value bought, subscribed for, underwritten or otherwise acquired during the period" (column 010), "Value sold during the period" (column 020) and "Total value held at end of reporting period" (column 030) in Part 2: Transactions (SR808.03.08.02) is left empty, or "There has been no use of the exemptions in articles 6(4)(a-d) and 6(5) in relation to the investments described in 6(4)(a), 6(4)(b) and 6(4)(d) of the Order during this reporting period" in column "Current period" (row 010, column 010) is "Use of the exemptions in articles 6(4)(a-d) and 6(5) in relation to the investments described in 6(4)(a), 6(4)(b) and 6(4)(d) of the Order" and 14 rows (listed below) in "Value bought, subscribed for, underwritten or otherwise acquired during the period" (column 010), "Value sold during the period" (column 020) and "Total value held at end of reporting period" (column 030) in Part 2: Transactions (SR808.03.08.02) is reported.

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. 02Report these values together, or leave them all out.
  3. 03It runs only when your filing indicators mark SR808.03.08 as reported.
  4. 04This is a blocking check. A return that fails it is normally rejected, so fix it before you submit.

The cells it reads

Part 1: Overview (SR808.03.08.01)

Row

  • R010There has been no use of the exemptions in articles 6(4)(a-d) and 6(5) in relation to the investments described in 6(4)(a), 6(4)(b) and 6(4)(d) of the Order during this reporting period.

Column

  • C010Current period

Part 2: Transactions (SR808.03.08.02)

Rows

  • R020Debentures related to a debt write-off
  • R030Shares related to a debt write-off
  • R040Instruments giving entitlement to debentures acquired in relation to a debt write-off
  • R050Instruments giving entitlement to shares acquired in relation to a debt write-off
  • R060Ring-fenced bodies' own debentures
  • R070Instruments giving an entitlement to firm's own debentures
  • R080Instruments giving an entitlement to firm's own shares
  • R090Firm's parent undertaking debentures
  • R100Debentures in a subsidiary
  • R110Instruments giving an entitlement to debentures of a subsidiary
  • R120Instruments giving an entitlement to shares of a subsidiary
  • R130Debentures acquired directly from an issuer relating to loans/credit
  • R140Shares in subsidiaries
  • R150Shares in participating interests

Columns

  • C010Value bought, subscribed for, underwritten or otherwise acquired during the period
  • C020Value sold during the period
  • C030Total value held at end of reporting period

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 blocking check.

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_b1141_m: T1: SR808.03.08.01; T2: SR808.03.08.02; Expression: ({SR808.03.08.01, r010, c010} = [boe_SR:x6017] and empty({SR808.03.08.02, r020-150, c010-030})) or ({SR808.03.08.01, r010, c010} = [boe_SR:x6018] and not(empty({SR808.03.08.02, r020-150, c010-030})))
Show the formulaShow

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

({t: SR808.03.08.01, r: 010, c: 010} = [boe_SR:x6017] and isNull({t: SR808.03.08.02, r: 020; 030; 040; 050; 060; 070; 080; 090; 100; 110; 120; 130; 140; 150, c: 010; 020; 030})) or ({t: SR808.03.08.01, r: 010, c: 010} = [boe_SR:x6018] and not(isNull({t: SR808.03.08.02, r: 020; 030; 040; 050; 060; 070; 080; 090; 100; 110; 120; 130; 140; 150, c: 010; 020; 030})))

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.