Line4

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

(LR4) Alternative breakdown of leverage ratio exposure measure components: Off-balance sheet items, derivatives, SFTs and trading book: a value must not be more than another (LV43.00.00.01, Bank of England check v0684_m)

A blocking check on the (LR4) Alternative breakdown of leverage ratio exposure measure components: Off-balance sheet items, derivatives, SFTs and trading book template (LV43.00.00.01), in the leverage ratio (LVR001) return.

Line4 Check runs it on the leverage ratio (LVR001) 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

The value of off-balance sheet trade finance items which are under an official export credit insurance scheme must be less than or equal to the total value of off-balance sheet trade finance items.

In each of "Leverage Ratio Exposure Value" (column 0010) and "RWEA" (column 0020) of (LR4) Alternative breakdown of leverage ratio exposure measure components: Off-balance sheet items, derivatives, SFTs and trading book (LV43.00.00.01): "of which: Under official export credit insurance scheme" (row 0030) must not be more than "of which: Trade finance" (row 0020).

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

  1. 01Open the table below and find the cells the rule reads.
  2. 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.
  3. 03It runs only when your filing indicators mark LV43.00.00.01 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

(LR4) Alternative breakdown of leverage ratio exposure measure components: Off-balance sheet items, derivatives, SFTs and trading book (LV43.00.00.01)

Rows

  • R0020of which: Trade finance
  • R0030of which: Under official export credit insurance scheme

Columns

  • C0010Leverage Ratio Exposure Value
  • C0020RWEA

Which returns it applies to

Line4 Check runs it on the leverage ratio (LVR001) return on Bank of England banking taxonomy 4.1.1. The Bank of England applies it to leverage ratio (LVR001) returns, as a blocking check.

The Bank’s own words and formula

The first paragraph of the plain words above is the Bank of England’s own, word for word, from its list of validations. The second spells out its formula, with each cell named from its templates.

Show the formulaShow

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

{t: LV43.00.00.01, r: 0030} <= {t: LV43.00.00.01, r: 0020}

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

scope({t: LV43.00.00.01, c:0010;0020, f: banking, fv: leverage_ratio})

Every PRA banking rule on LV43.00.00.01

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.