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

"Financial assets designated at fair value through profit or loss" must equal "Debt securities" (SR14.00.04.01, Bank of England check boe_v0916_m)

A blocking check on the intragroup financial reporting (detailed breakdown) Part 1: Fair value hierarchy: financial instruments at fair value template (SR14.00.04.01), in the intragroup financial reporting (core and detailed breakdowns) (RFB004) return.

Line4 Check runs it on the intragroup financial reporting (core and detailed breakdowns) (RFB004) 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 column "Level 1" (column 0060) of Intragroup financial reporting (detailed breakdown) Part 1: Fair value hierarchy: financial instruments at fair value (SR14.00.04.01): "Financial assets designated at fair value through profit or loss" (row 0060) must equal "Debt securities" (row 0080).

What to do if your return fails it

  1. 01Open the table below and find the cells the rule reads.
  2. 02The two values must be the same. Find which of the two is right, and correct the other one.
  3. 03It runs only when your filing indicators mark SR14.00.04 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

Intragroup financial reporting (detailed breakdown) Part 1: Fair value hierarchy: financial instruments at fair value (SR14.00.04.01)

Rows

  • R0060Financial assets designated at fair value through profit or loss
  • R0080Debt securities

Column

  • C0060Level 1

A worked example

With simple numbers.

Illustrative values
Debt securities1,200
What the rule then expects

Financial assets designated at fair value through profit or loss must then be 1,200.

1,200Passes
1,300Fails

A file that reports 1,200 passes. One that reports 1,300 fails, by 100.

The numbers are illustrative.

Which returns it applies to

Line4 Check runs it on the intragroup financial reporting (core and detailed breakdowns) (RFB004) return on Bank of England banking taxonomy 4.1.1. The Bank of England applies it to intragroup financial reporting (core and detailed breakdowns) (RFB004) 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_v0916_m: T1: SR14.00.04.01; columns: {SR14.00.04.01, c0060}; Expression: {SR14.00.04.01, r0060} = {SR14.00.04.01, r0080}
Show the formulaShow

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

{t: SR14.00.04.01, r: 0060} = {t: SR14.00.04.01, r: 0080}

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

scope({t: SR14.00.04.01, c: 0060, seq: False, f: banking, fv: structural_reform})

Every PRA banking rule on SR14.00.04.01

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.