The rule in plain words
In Part 2: Exposures to intragroup counterparties (SR801.02.01.01): "Total" (column 210) must not be less than the size of the sum of 9 cells (listed below) (ignoring its sign).
What to do if your return fails it
- 01Open the table below and find the cells the rule reads.
- 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.
- 03It runs only when your filing indicators mark SR801.02.01 as reported.
- 04This is a blocking check. A return that fails it is normally rejected, so fix it before you submit.
The cells it reads
Part 2: Exposures to intragroup counterparties (SR801.02.01.01)
Columns
- C210Total
- C240(-) Debt instruments
- C250(-) Equity instruments
- C260(-) Derivatives
- C270(-) Loan commitments
- C280(-) Financial guarantees
- C290(-) Other commitments
- C300(-) Funded credit protection other than substitution effect
- C310(-) Real estate
- C320(-) Amounts exempted
Which returns it applies to
Line4 Check runs it on the intragroup exposures (RFB001) return on Bank of England banking taxonomy 4.1.1. The Bank of England applies it to intragroup exposures (RFB001) 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_v0652_m: T1: SR801.02.01.01; Expression: {SR801.02.01.01, c210} >= abs({SR801.02.01.01, c240} + {SR801.02.01.01, c250} + {SR801.02.01.01, c260} + {SR801.02.01.01, c270} + {SR801.02.01.01, c280} + {SR801.02.01.01, c290} + {SR801.02.01.01, c300} + {SR801.02.01.01, c310} + {SR801.02.01.01, c320})
Show the formulaShowHide
The Bank of England's formula. Cells are written as {t: table, r: row, c: column}.
{t: SR801.02.01.01, c: 210} >= abs({t: SR801.02.01.01, c: 240} + {t: SR801.02.01.01, c: 250} + {t: SR801.02.01.01, c: 260} + {t: SR801.02.01.01, c: 270} + {t: SR801.02.01.01, c: 280} + {t: SR801.02.01.01, c: 290} + {t: SR801.02.01.01, c: 300} + {t: SR801.02.01.01, c: 310} + {t: SR801.02.01.01, c: 320})Other rules on Part 2: Exposures to intragroup counterparties (SR801.02.01.01)
- Part 2: Exposures to intragroup counterparties: "Total" must not be less than "Of which: Non-trading book" (boe_v0651_m)Blocking
- Part 2: Exposures to intragroup counterparties: "Total" must equal the sum of 10 cells (boe_v0653_m)Blocking
- Part 2: Exposures to intragroup counterparties: a total must equal the sum of its parts (boe_v0650_m)Blocking
- Part 2: Exposures to intragroup counterparties: "Total" must not be less than "Of which: Non-trading book" (boe_v0654_m)Blocking
- Part 2: Exposures to intragroup counterparties: a value must not be less than another (boe_v0649_m)Blocking
- Part 2: Exposures to intragroup counterparties: "Total original exposure" must not be less than "Of which: defaulted" (boe_v0648_m)Blocking
- Part 2: Exposures to intragroup counterparties: "Total original exposure" must equal the sum of 13 columns (boe_v0647_m)Blocking
- Part 2: Exposures to intragroup counterparties: every value in the cells it covers must be zero or less (boe_v2058_s)Blocking
Every PRA banking rule on SR801.02.01.01
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.