The rule in plain words
If IR.32.01C0020 has data then IR.32.01C0081 and IR.32.01C0082 should also have data
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 IR.32.01 as reported.
The cells it reads
Undertakings in the scope of the group (IR.32.01.04.01)
Columns
- C0081Identification code and type of code of the immediate parent of the undertaking
- C0082Legal name of the immediate parent of the undertaking
Which returns it applies to
Line4 Check runs it on annual group (ARG) return on Bank of England taxonomy 2.2.0. The Bank of England applies it to annual group (ARG) returns, as a warning.
The Bank’s own words and formula
The plain words above are the Bank of England’s own, word for word, from its list of validations.
Show the formulaShowHide
The Bank of England's formula. Cells are written as {t: table, r: row, c: column}.
not(isNull({t: IR.32.01.04.01, c: C0081})) and not(isNull({t: IR.32.01.04.01, c: C0082}))Other rules on Undertakings in the scope of the group (IR.32.01)
Every Solvency UK rule on IR.32.01
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.
