Balance Sheet: Forecast data [Equity]: every value in the cells it covers must be zero or more (FF01.03.01.01, Bank of England check boe_v3899_s_1)

The rule in plain words

What to do if your return fails it

1. 01Open the table below and find the cells the rule reads.
2. 02Look for a value below zero in these cells, such as an amount entered as a negative number.
3. 03It runs only when your filing indicators mark FF01.03.01 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

Which returns it applies to

Line4 Check runs it on the PRA 104, 105, 106, 107 IFRS based balance sheet and profit & loss forecasts (PRA_IFRS) return on Bank of England banking taxonomy 4.1.1. The Bank of England applies it to PRA 104, 105, 106, 107 IFRS based balance sheet and profit & loss forecasts (PRA_IFRS) 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_v3899_s_1: [FF 01.03.01 (r010;r040;r050;r0310) (C0010-0020)] {FF 01.03.01} >= 0

Other rules on Balance Sheet: Forecast data [Equity] (FF01.03.01.01)

Every PRA banking rule on FF01.03.01.01

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.