Detailed information on securitisations (CR SEC Details): "Date of latest issuance" must be less than "First foreseeable termination date" (C14.00.01.01, SC14.00.01.01, Bank of England check v7353_m)

The rule in plain words

This is a warning. It does not stop the return on its own, but your supervisor may ask you to explain it. It runs only when your filing indicators mark C14.00.01 as reported.

The cells it reads

Which returns it applies to

Line4 Check runs it on the own funds (PRA001) and own funds for SDDTs (PRA116) returns on Bank of England banking taxonomy 4.1.1. The Bank of England applies it to own funds for SDDTs (PRA116) and own funds (PRA001) 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:

v7353_m: [C14.00.01.01 (All rows)] {c0121} < {c0290}

Other rules on Detailed information on securitisations (CR SEC Details) (C14.00.01.01)

Every PRA banking rule on C14.00.01.01

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.