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

Prudent valuation: fair-valued assets and liabilities (PRUVAL 1): values must agree (C32.01.01.01, Bank of England check v6330_m)

A blocking check on the prudent valuation: fair-valued assets and liabilities (PRUVAL 1) template (C32.01.01.01), 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.

Check your file for this rule

The rule in plain words

In each of 16 rows (listed below) of Prudent valuation: fair-valued assets and liabilities (PRUVAL 1) (C32.01.01.01): "Fair-valued assets and liabilities included in art. 4(1) threshold" (column 0080) must equal "Fair-valued assets and liabilities" (column 0010) minus "Exactly matching" (column 0030) minus "Prudential filters" (column 0050) minus "Other" (column 0060).

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.

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 C32.01.01 as reported.

The cells it reads

Prudent valuation: fair-valued assets and liabilities (PRUVAL 1) (C32.01.01.01)

Rows

  • R0030Financial assets held for trading
  • R0040Trading financial assets
  • R0050Non-trading financial assets mandatorily at fair value through profit or loss
  • R0060Financial assets designated at fair value through profit or loss
  • R0070Financial assets at fair value through other comprehensive income
  • R0080Non-trading non-derivative financial assets measured at fair value through profit or loss
  • R0090Non-trading non-derivative financial assets measured at fair value to equity
  • R0100Other non-trading non-derivative financial assets
  • R0120Fair value changes of the hedged items in portfolio hedge of interest rate risk
  • R0130Investments in subsidiaries, joint ventures and associates
  • R0140(-) Haircuts for trading assets at fair value
  • R0160Financial liabilities held for trading
  • R0170Trading financial liabilities
  • R0180Financial liabilities designated at fair value through profit or loss
  • R0200Fair value changes of the hedged items in portfolio hedge of interest rate risk
  • R0210Haircuts for trading liabilities at fair value

Columns

  • C0010Fair-valued assets and liabilities
  • C0030Exactly matching
  • C0050Prudential filters
  • C0060Other
  • C0080Fair-valued assets and liabilities included in art. 4(1) threshold

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:

v6330_m: [C32.01.01.01 (r0030;0040;0050;0060;0070;0080;0090;0100;0120;0130;0140;0160;0170;0180;0200;0210)] {c0080} = {c0010} - {c0030} - {c0050} - {c0060}
Show the formulaShow

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

{t: C32.01.01.01, c: 0080} = {t: C32.01.01.01, c: 0010} - {t: C32.01.01.01, c: 0030} - {t: C32.01.01.01, c: 0050} - {t: C32.01.01.01, c: 0060}

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

scope({t: C32.01.01.01, r:0030;0040;0050;0060;0070;0080;0090;0100;0120;0130;0140;0160;0170;0180;0200;0210, f: banking, fv: banking_reporting})

Every PRA banking rule on C32.01.01.01

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