The rule in plain words
In Part 3: Detail of the exposures to intragroup counterparties (entity breakdown) (SR801.03.01.01): every value in the cells it covers must be zero or less.
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 bigger than it may be, one of them is wrong: check both before you change either.
- 03It runs only when your filing indicators mark SR801.03.01 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 3: Detail of the exposures to intragroup counterparties (entity breakdown) (SR801.03.01.01)
Columns
- C200(-) Value adjustments and provisions
- C210(-) Exposures deducted from CET1 or Additional Tier1 items
- C250(-) Debt instruments
- C260(-) Equity instruments
- C270(-) Derivatives
- C280(-) Loan commitments
- C290(-) Financial guarantees
- C300(-) Other commitments
- C310(-) Funded credit protection other than substitution effect
- C320(-) Real estate
- C330(-) 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 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_v2059_s: T1: SR801.03.01.01; columns: {SR801.03.01.01, c200;210;250;260;270;280;290;300;310;320;330}; Expression: {SR801.03.01.01} <= 0
Show the formulaShowHide
The Bank of England's formula. Cells are written as {t: table, r: row, c: column}.
{t: SR801.03.01.01} <= 0Where it applies, in the Bank's words (its scope):
scope({t: SR801.03.01.01, c: 200; 210; 250; 260; 270; 280; 290; 300; 310; 320; 330, seq: False, f: banking, fv: structural_reform})Other rules on Part 3: Detail of the exposures to intragroup counterparties (entity breakdown) (SR801.03.01.01)
- Part 3: Detail of the exposures to intragroup counterparties (entity breakdown): "Total" must not be less than "Of which: Non-trading book" (boe_v1684_m)Blocking
- Part 3: Detail of the exposures to intragroup counterparties (entity breakdown): "Total" must equal the sum of 10 cells (boe_v1683_m)Blocking
- Part 3: Detail of the exposures to intragroup counterparties (entity breakdown): "Total" must not be less than "Of which: Non-trading book" (boe_v1682_m)Blocking
- "Total" must not be less than the size of the sum of 9 cells (ignoring its sign) (boe_v1681_m)Blocking
- Part 3: Detail of the exposures to intragroup counterparties (entity breakdown): a total must equal the sum of its parts (boe_v1680_m)Blocking
- "Total original exposure" must not be less than "Of which: defaulted" (boe_v1679_m)Blocking
- Part 3: Detail of the exposures to intragroup counterparties (entity breakdown): a value must not be less than another (boe_v1678_m)Blocking
- Part 3: Detail of the exposures to intragroup counterparties (entity breakdown): "Total original exposure" must equal the sum of 13 columns (boe_v1677_m)Blocking
Every PRA banking rule on SR801.03.01.01
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.