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

"Debt securities" must equal the sum of 5 rows (SR16.01.04.01, Bank of England check boe_v1038_m)

A blocking check on the intragroup financial reporting (detailed breakdown) Part 1: Interest income and expenses by instrument and counterparty sector template (SR16.01.04.01), 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 each of "Income" (column 0030) and "Expenses" (column 0040) of Intragroup financial reporting (detailed breakdown) Part 1: Interest income and expenses by instrument and counterparty sector (SR16.01.04.01): "Debt securities" (row 0020) must equal the sum of 5 rows (listed below).

What to do if your return fails it

  1. 01Open the table below and find the cells the rule reads.
  2. 02Add up the parts in your return and compare the result with the total.
  3. 03If they differ, a part is missing, a value sits in the wrong cell, or the total is out of date.
  4. 04The Bank of England allows a small rounding difference, worked out from the decimals each value is reported with.
  5. 05It runs only when your filing indicators mark SR16.01.04 as reported.
  6. 06This 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: Interest income and expenses by instrument and counterparty sector (SR16.01.04.01)

Rows

  • R0020Debt securities
  • R0030Central banks
  • R0040General governments
  • R0050Credit institutions
  • R0060Other financial corporations
  • R0070Non-financial corporations

Columns

  • C0030Income
  • C0040Expenses

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_v1038_m: T1: SR16.01.04.01; columns: {SR16.01.04.01, c0030-0040}; Expression: {SR16.01.04.01, r0020} = sum({SR16.01.04.01, r0030-0070})
Show the formulaShow

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

{t: SR16.01.04.01, r: 0020} = sum({t: SR16.01.04.01, r: 0030; 0040; 0050; 0060; 0070})

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

scope({t: SR16.01.04.01, c: 0030; 0040, seq: False, f: banking, fv: structural_reform})

Every PRA banking rule on SR16.01.04.01

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.