The rule in plain words
In each of 11 rows (listed below) of Intragroup financial reporting (detailed breakdown) Information on forborne exposures to other group entities (SR19.00.04.02): "Non-performing exposures with forbearance measures - Accumulated impairment, accumulated negative changes in impairment due to credit risk and provisions" (column 0140) must equal the sum of "Instruments with modifications in their terms and conditions" (column 0150) and "Refinancing" (column 0160).
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
- 01Open the table below and find the cells the rule reads.
- 02Add up the parts in your return and compare the result with the total.
- 03If they differ, a part is missing, a value sits in the wrong cell, or the total is out of date.
- 04The Bank of England allows a small rounding difference, worked out from the decimals each value is reported with.
- 05It runs only when your filing indicators mark SR19.00.04 as reported.
- 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) Information on forborne exposures to other group entities (SR19.00.04.02)
Rows
- R0010Debt securities
- R0070Loans and advances
- R0180Debt instruments at cost or at amortised cost
- R0181Debt securities
- R0191Loans and advances
- R0201Debt instruments at fair value through other comprehensive income or through equity subject to impairment
- R0211Debt securities
- R0221Loans and advances
- R0231Debt instruments at fair value through profit and loss or through equity not subject to impairment
- R0330Debt instruments other than held for trading or trading
- R0340Loan commitments given
Columns
- C0140Non-performing exposures with forbearance measures - Accumulated impairment, accumulated negative changes in impairment due to credit risk and provisions
- C0150Instruments with modifications in their terms and conditions
- C0160Refinancing
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_v3088_m: T1: SR19.00.04.02; rows: {SR19.00.04.02, r0010-0340}; Expression: {SR19.00.04.02, c0140} = sum({SR19.00.04.02, c0150-0160})
Show the formulaShowHide
The Bank of England's formula. Cells are written as {t: table, r: row, c: column}.
{t: SR19.00.04.02, c: 0140} = sum({t: SR19.00.04.02, c: 0150; 0160})Where it applies, in the Bank's words (its scope):
scope({t: SR19.00.04.02, r: 0010; 0070; 0180; 0181; 0191; 0201; 0211; 0221; 0231; 0330; 0340, seq: False, f: banking, fv: structural_reform})Other rules on Intragroup financial reporting (detailed breakdown) Information on forborne exposures to other group entities (SR19.00.04.02)
- Intragroup financial reporting (detailed breakdown) Information on forborne exposures to other group entities: a total must equal the sum of its parts (boe_v3087_h)Blocking
- Intragroup financial reporting (detailed breakdown) Information on forborne exposures to other group entities: a total must equal the sum of its parts (boe_v3111_m)Blocking
- Intragroup financial reporting (detailed breakdown) Information on forborne exposures to other group entities: a total must equal the sum of its parts (boe_v5567_h)Blocking
- Intragroup financial reporting (detailed breakdown) Information on forborne exposures to other group entities: a total must equal the sum of its parts (boe_v5568_h)Blocking
- Every value in the cells it covers must be zero or less (boe_v5709_s)
- Every value in the cells it covers must be zero or less (boe_v5710_s)
- Every value in the cells it covers must be zero or more (boe_v5711_s)Blocking
- Every value in the cells it covers must be zero or less (boe_b0185_s)
Every PRA banking rule on SR19.00.04.02
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.