The rule in plain words
In Intragroup financial reporting (detailed breakdown) Information on forborne exposures to other group entities (SR19.00.04.04): the sum of "Loan commitments given" in column "Collateral received on exposures with forbearance measures" (row 0340, column 0170) and "Loan commitments given" in column "Financial guarantees received on exposures with forbearance measures" (row 0340, column 0180) in Intragroup financial reporting (detailed breakdown) Information on forborne exposures to other group entities (SR19.00.04.03) must not be more than "Loan commitments given" in column "Gross carrying amount / nominal amount of exposures with forbearance measures" (row 0340, column 0010) minus "Loan commitments given" in column "Accumulated impairment, accumulated negative changes in fair value due to credit risk and provisions" (row 0340, column 0120) in Intragroup financial reporting (detailed breakdown) Information on forborne exposures to other group entities (SR19.00.04.02).
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 tables 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.
- 03The Bank of England allows a small rounding difference, worked out from the decimals each value is reported with.
- 04It runs only when your filing indicators mark SR19.00.04 as reported.
- 05This 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) Information on forborne exposures to other group entities (SR19.00.04.02)
Row
- R0340Loan commitments given
Column
- C0120Accumulated impairment, accumulated negative changes in fair value due to credit risk and provisions
Intragroup financial reporting (detailed breakdown) Information on forborne exposures to other group entities (SR19.00.04.03)
Row
- R0340Loan commitments given
Column
- C0180Financial guarantees received on exposures with forbearance measures
Intragroup financial reporting (detailed breakdown) Information on forborne exposures to other group entities (SR19.00.04.04)
Row
- R0340Loan commitments given
Columns
- C0010Gross carrying amount / nominal amount of exposures with forbearance measures
- C0170Collateral received on exposures with forbearance measures
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_v7889_m: T1: SR19.00.04.02; T2: SR19.00.04.03; T3: SR19.00.04.04; Expression: {SR19.00.04.04, c0170, r0340} + {SR19.00.04.03, c0180, r0340} <= {SR19.00.04.04, c0010, r0340} - {SR19.00.04.02, c0120, r0340}
Show the formulaShowHide
The Bank of England's formula. Cells are written as {t: table, r: row, c: column}.
{t: SR19.00.04.04, r: 0340, c: 0170} + {t: SR19.00.04.03, r: 0340, c: 0180} <= {t: SR19.00.04.04, r: 0340, c: 0010} - {t: SR19.00.04.02, r: 0340, c: 0120}Other rules on Intragroup financial reporting (detailed breakdown) Information on forborne exposures to other group entities (SR19.00.04.04)
- Intragroup financial reporting (detailed breakdown) Information on forborne exposures to other group entities: a value must not be more than another (boe_v8136_m)
- Intragroup financial reporting (detailed breakdown) Information on forborne exposures to other group entities: a value must not be more than another (boe_v8137_m)
- Intragroup financial reporting (detailed breakdown) Information on forborne exposures to other group entities: a value must not be more than another (boe_v8138_m)
- Intragroup financial reporting (detailed breakdown) Information on forborne exposures to other group entities: a value must not be more than another (boe_v8139_m)
- "of which: Forbearance of non-performing exposures" must not be more than "Non-performing exposures with forbearance measures" (boe_v4426_m)Blocking
- "of which: Impaired" must not be more than "Non-performing exposures with forbearance measures" (boe_v4425_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_v4424_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_v4423_m)Blocking
Every PRA banking rule on SR19.00.04.04
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.