The rule in plain words
Item cannot be empty
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 IR.01.01 as reported.
The cells it reads
Content of the submission (IR.01.01.01.01)
Rows
- R0010IR.01.02.01 - Basic information - general
- R0020IR.01.03.01 - Basic information - RFF and matching adjustment portfolios
- R0030IR.02.01.01 - Balance sheet
- R0040IR.02.02.01 - Assets and liabilities by currency
- R0060IR.03.01.01 - Off-balance sheet items - general
- R0070IR.03.02.01 - Off-balance sheet items - unlimited guarantees received
- R0080IR.03.03.01 - Off-balance sheet items - unlimited guarantees provided
- R0120IR.05.02.01 - Premiums, claims and expenses by country
- R0122IR.05.03.01 - Life income and expenditure
- R0124IR.05.04.01 - Non-life income, expenditure and business model analysis
- R0126IR.05.05.01 - Life premiums and claims by country
- R0128IR.05.06.01 - Non-life premiums and claims by country
- R0132IR.05.07.01 - Business model analysis - financial guarantee insurers
- R0134IR.05.08.01 - Material pooling arrangements
- R0136IR.05.09.01 - Assessable mutuals
- R0138IR.05.10.01 - Excess capital generation
- R0140IR.06.02.01 - List of assets
- R0150IR.06.03.01 - Collective investment undertakings - look-through approach
- R0170IR.08.01.01 - Open derivatives
- R0190IR.09.01.01 - Income/gains and losses in the period
- R0200IR.10.01.01 - Securities lending and repos
- R0210IR.11.01.01 - Assets held as collateral
- R0220IR.12.01.01 - Life technical provisions
- R0232IR.12.03.01 - Life best estimate liabilities by country
- R0234IR.12.04.01 - Best estimate assumptions for life insurance risks
- R0236IR.12.05.01 - With-profits value of bonus
- R0238IR.12.06.01 - With-profits liabilities and assets
- R0250IR.14.01.01 - Life obligations analysis
- R0280IR.16.01.01 - Non-life annuities information
- R0282IR.16.02.01 - Non-life annuities projection of future cash flows
- R0290IR.17.01.01 - Non-life technical provisions
- R0305IR.17.03.01 - Non-life best estimate liabilities by country
- R0310IR.18.01.01 - Non-life projection of future cash flows
- R0315IR.18.02.01 - Non-life liability projection of future cash flows
- R0320IR.19.01.01 - Non-life claim development
- R0325IR.19.02.01 - Non-life general liability claim development
- R0330IR.20.01.01 - Development of the distribution of the claim incurred
- R0350IR.21.02.01 - Non-life underwriting risks
- R0365IR.21.04.01 - Cyber underwriting risk
- R0370IR.22.01.01 - Impact of long term guarantees measures and transitionals
And 31 more.
Column
- C0010c
Which returns it applies to
Line4 Check runs it on annual solo (ARS) return on Bank of England taxonomy 2.2.0. The Bank of England applies it to annual solo (ARS) returns, as a blocking check.
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}.
count({t: IR.01.01.01.01, r: R0010; R0020; R0030; R0040; R0060; R0070; R0080; R0120; R0122; R0124; R0126; R0128; R0132; R0134; R0136; R0138; R0140; R0150; R0170; R0190; R0200; R0210; R0220; R0232; R0234; R0236; R0238; R0250; R0280; R0282; R0290; R0305; R0310; R0315; R0320; R0325; R0330; R0350; R0365; R0370; R0380; R0402; R0410; R0420; R0430; R0440; R0445; R0450; R0482; R0484; R0486; R0500; R0510; R0520; R0530; R0540; R0550; R0560; R0570; R0580; R0590; R0660; R0670; R0672; R0674; R0676; R0678; R0680; R0740; R0750; R0770, c: C0010}) = 71Other rules on Content of the submission (IR.01.01)
- Content of the submission: item cannot be empty (IR_bv0718_02)Blocking
- Content of the submission: item cannot be empty (IR_bv0718_03)Blocking
- Content of the submission: item cannot be empty (IR_bv0718_04)Blocking
- Content of the submission: item cannot be empty (IR_bv0718_05)Blocking
- Content of the submission and solvency capital requirement - counterparty default risk: a conditional check (IR_bv0711)
- Content of the submission and solvency capital requirement - market risk: a conditional check (IR_bv0890)
- Content of the submission and basic information - general: a conditional check (IR_bv0898_01)Blocking
- Content of the submission and basic information - general: a conditional check (IR_bv0898_02)Blocking
Every Solvency UK rule on IR.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.
