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

"Own funds requirements" must equal "Price difference exposure due to unsettled transactions" multiplied by 0.08 (C11.00.01.01, Bank of England check v0498_m)

A blocking check on the settlement/delivery risk (CR SETT) template (C11.00.01.01), in the own funds (PRA001) return.

Line4 Check runs it on the own funds (PRA001) return, proven on test files, check by check: the same outcome on all three test files of that return.

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The rule in plain words

In each of "Transactions unsettled between 5 and 15 days (Factor 8%)" (row 0030) and "Transactions unsettled between 5 and 15 days (Factor 8%)" (row 0090) of Settlement/delivery risk (CR SETT) (C11.00.01.01): "Own funds requirements" (column 0030) must equal "Price difference exposure due to unsettled transactions" (column 0020) multiplied by 0.08.

This is a blocking check. A return that fails it is normally rejected, so fix it before you submit. It runs only when your filing indicators mark C11.00.01 as reported.

The cells it reads

Settlement/delivery risk (CR SETT) (C11.00.01.01)

Rows

  • R0030Transactions unsettled between 5 and 15 days (Factor 8%)
  • R0090Transactions unsettled between 5 and 15 days (Factor 8%)

Columns

  • C0020Price difference exposure due to unsettled transactions
  • C0030Own funds requirements

Which returns it applies to

Line4 Check runs it on the own funds (PRA001) return on Bank of England banking taxonomy 4.1.1. The Bank of England applies it to own funds (PRA001) 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:

v0498_m: [C11.00.01.01 (r0030;0090)] {c0030} = {c0020} * 8%
Show the formulaShow

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

{t: C11.00.01.01, c: 0030} = {t: C11.00.01.01, c: 0020} * 0.08

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

scope({t: C11.00.01.01, r:0030;0090, f: banking, fv: banking_reporting})

Every PRA banking rule on C11.00.01.01

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.