The rule in plain words
Item cannot be empty
What to do if your return fails it
- 01Open the tables below and find the cells the rule reads.
- 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.
- 03It runs only when your filing indicators mark IR.01.02 and IRR.01.01 as reported.
- 04This is a warning. It does not stop the return on its own, but your supervisor may ask you to explain it.
The cells it reads
Content of the submission (IRR.01.01.01.01)
Rows
- R0790IRR.02.01.01 - Balance sheet
- R0792IRR.05.03.01 - Life income and expenditure
- R0800IRR.12.01.01 - Life technical provisions
- R0810IRR.17.01.01 - Non-life technical provisions
- R0830IRR.22.03.01 - Matching adjustment calculation
- R0862IRR.25.04.01 - Solvency Capital Requirement
- R0864IRR.25.05.01 - Solvency Capital Requirement - Partial or full internal model components
- R0870IRR.26.01.01 - Solvency Capital Requirement - Market risk
- R0880IRR.26.02.01 - Solvency Capital Requirement - Counterparty default risk
- R0890IRR.26.03.01 - Solvency Capital Requirement - Life underwriting risk
- R0900IRR.26.04.01 - Solvency Capital Requirement - Health underwriting risk
- R0910IRR.26.05.01 - Solvency Capital Requirement - Non-Life underwriting risk
- R0920IRR.26.06.01 - Solvency Capital Requirement - Operational risk
- R0930IRR.26.07.01 - Solvency Capital Requirement - Simplifications
- R0940IRR.27.01.01 - Solvency Capital Requirement - Non-life and health catastrophe risk
Column
- C0010c
Basic information - general (IR.01.02.01.01)
Rows
- R0150Ring-fenced funds
- R0170Matching adjustment
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 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}.
if ({t: IR.01.02.01.01, r: R0150, c: C0010} = $[s2c_PU:x4] or {t: IR.01.02.01.01, r: R0170, c: C0010} = $[s2c_PU:x51]) then not(isNull({t: IRR.01.01.01.01, r: R0790; R0792; R0800; R0810; R0830; R0862; R0864; R0870; R0880; R0890; R0900; R0910; R0920; R0930; R0940, c: C0010, z: Z0001})) else true()Other rules on Content of the submission (IRR.01.01)
- Content of the submission: item cannot be empty (IR_bv1726_02)
- Content of the submission: item cannot be empty (IR_bv1726_03)
- Content of the submission and 2 other templates: a conditional check (IR_bv1750)
- Content of the submission and solvency capital requirement - operational risk: a conditional check (IR_bv1226)Blocking
- Content of the submission and solvency capital requirement - operational risk: a conditional check (IR_bv1225)Blocking
- Content of the submission and solvency capital requirement - operational risk: a conditional check (IR_bv1224)Blocking
- Content of the submission and solvency capital requirement - non-life underwriting risk: a conditional check (IR_bv1221)Blocking
- Content of the submission and solvency capital requirement - life underwriting risk: a conditional check (IR_bv1220_1)Blocking
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.