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

Every value in the cells it covers must be zero or more (SR16.01.04.01, Bank of England check boe_v5693_s)

A warning 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 Intragroup financial reporting (detailed breakdown) Part 1: Interest income and expenses by instrument and counterparty sector (SR16.01.04.01): every value in the cells it covers must be zero or more.

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 SR16.01.04 as reported.
  4. 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

Intragroup financial reporting (detailed breakdown) Part 1: Interest income and expenses by instrument and counterparty sector (SR16.01.04.01)

Rows

  • R0010Derivatives - Trading
  • R0020Debt securities
  • R0030Central banks
  • R0040General governments
  • R0050Credit institutions
  • R0060Other financial corporations
  • R0070Non-financial corporations
  • R0080Loans and advances
  • R0090Central banks
  • R0100General governments
  • R0110Credit institutions
  • R0120Other financial corporations
  • R0130Non-financial corporations
  • R0140Households
  • R0141of which: credit for consumption
  • R0142of which: lending for house purchase
  • R0150Other assets
  • R0160Deposits
  • R0170Central banks
  • R0180General governments
  • R0190Credit institutions
  • R0200Other financial corporations
  • R0210Non-financial corporations
  • R0220Households
  • R0230Debt securities issued
  • R0240Other financial liabilities
  • R0260Other liabilities
  • R0270INTEREST
  • R0280of which: interest-income on credit impaired financial assets
  • R0290of which: interest from leases

Columns

  • C0010Income
  • C0020Expenses
  • 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 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_v5693_s: T1: SR16.01.04.01; rows: {SR16.01.04.01, r0010-0290}; columns: {SR16.01.04.01, c0010-0040}; Expression: {SR16.01.04.01} >= 0
Show the formulaShow

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

{t: SR16.01.04.01} >= 0

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

scope({t: SR16.01.04.01, r: 0010; 0020; 0030; 0040; 0050; 0060; 0070; 0080; 0090; 0100; 0110; 0120; 0130; 0140; 0141; 0142; 0150; 0160; 0170; 0180; 0190; 0200; 0210; 0220; 0230; 0240; 0260; 0270; 0280; 0290, c: 0010; 0020; 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.