The item "Equities" reported in Balance sheet [RFF/MP/RM] should be equal to the sum of "Equities - listed" and "Equities - unlisted" (IRR.01.01, IRR.02.01, Bank of England rule IR_bv0893_03)

The rule in plain words

What to do if your return fails it

1. 01Open the tables below and find the cells the rule reads.
2. 02The check applies only when its first part holds in your return. When it does, the second part must hold too: fix the second part, or correct the first.
3. 03The Bank of England allows a small rounding difference, worked out from the decimals each value is reported with.
4. 04It runs only when your filing indicators mark IRR.01.01 and IRR.02.01 as reported.
5. 05This is a blocking check. A return that fails it is normally rejected, so fix it before you submit.

The cells it reads

Which returns it applies to

Line4 Check runs it on annual third-country branch (ARB) return on Bank of England taxonomy 2.2.0. The Bank of England applies it to annual third-country branch (ARB) returns, as a blocking check.

The Bank’s own words and formula

In the Bank of England’s list of validations, word for word:

The item "Equities" reported in IRR.02.01 - Balance sheet [RFF/MP/RM] should be equal to the sum of "Equities - listed" and "Equities - unlisted".

Other rules on Content of the submission (IRR.01.01)

Every Solvency UK rule on IRR.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.