The rule in plain words
In General governments exposures by country of the counterparty and regulatory approach (Gov) (C33.00.01.01): every value in 24 rows (listed below) in 5 columns (listed below) must be zero or less.
What to do if your return fails it
- 01Open the table 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.
- 03It runs only when your filing indicators mark C33.00.01 as reported.
- 04This is a blocking check. A return that fails it is normally rejected, so fix it before you submit.
The cells it reads
General governments exposures by country of the counterparty and regulatory approach (Gov) (C33.00.01.01)
Rows
- R0010Total exposures
- R0020Exposures under the credit risk framework
- R0030Standardised Approach
- R0040Central governments
- R0050Regional governments or local authorities
- R0060Public sector entities
- R0070International Organisations
- R0075Other general government exposures subject to Standardised Approach
- R0080IRB Approach
- R0090Central governments
- R0100Regional governments or local authorities [Central governments and central banks]
- R0110Regional governments or local authorities [Institutions]
- R0120Public sector entities [Central governments and central banks]
- R0130Public sector entities [Institutions]
- R0140International Organisations [Central governments and central banks]
- R0155Other general government exposures subject to IRB approach
- R0160Exposures under the market risk framework
- R0170[ 0 - 3M [
- R0180[ 3M - 1Y [
- R0190[ 1Y - 2Y [
- R0200[ 2Y - 3Y [
- R0210[ 3Y - 5Y [
- R0220[ 5Y - 10Y [
- R0230[ 10Y - more
Columns
- C0150Accumulated impairment
- C0160of which: from financial assets at fair value through other comprehensive income or from non-trading non-derivative financial assets measured at fair value to equity
- C0170Accumulated negative changes in fair value due to credit risk
- C0180of which: from non-trading financial assets mandatorily at fair value through profit or loss, financial assets designated at fair value through profit or loss or from non-trading financial assets measured at fair value through profit or loss
- C0190of which: from financial assets at fair value through other comprehensive income or from non-trading non-derivative financial assets measured at fair value to equity
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:
[v5889_s];[{t: C33.00.01.01, r: 0010; 0020; 0030; 0040; 0050; 0060; 0070; 0075; 0080; 0090; 0100; 0110; 0120; 0130; 0140; 0155; 0160; 0170; 0180; 0190; 0200; 0210; 0220; 0230, c: 0150; 0160; 0170; 0180; 0190} <= 0]
Show the formulaShowHide
The Bank of England's formula. Cells are written as {t: table, r: row, c: column}.
{t: C33.00.01.01, r: 0010; 0020; 0030; 0040; 0050; 0060; 0070; 0075; 0080; 0090; 0100; 0110; 0120; 0130; 0140; 0155; 0160; 0170; 0180; 0190; 0200; 0210; 0220; 0230, c: 0150; 0160; 0170; 0180; 0190} <= 0Other rules on General governments exposures by country of the counterparty and regulatory approach (Gov) (C33.00.01.01)
- Every value in 16 rows in "Exposure value" and "Risk weighted exposure amount" must be zero or more (v5888_s)Blocking
- Every value in 24 rows in 17 columns must be zero or more (v5857_s)Blocking
- "Exposures under the credit risk framework" must equal the sum of "IRB Approach" and "Standardised Approach" (v5855_h)
- "Total exposures" must not be less than "Exposures under the market risk framework" (v5854_h)
- "Total exposures" must not be less than "Exposures under the credit risk framework" (v5853_h)
- "Total exposures" must not be more than "Exposures under the credit risk framework" (v6163_h)Blocking
- "Total exposures" must not be more than "Exposures under the market risk framework" (v6164_h)Blocking
- General governments exposures by country of the counterparty and regulatory approach (Gov): a conditional check (v10650_m)
Every PRA banking rule on C33.00.01.01
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.
