PRA published a corrected version of the Branch Return Form for banks. PRA announced that the Branch Return Form published on September 12, 2019 contains incorrect validations in Part 3. Specifically, validation BRv011 should only apply to column 005, rather than all columns of Part 3. Also, incorrect validations that were embedded in Part 3 of the template at Row 80 in Columns 040, 050, and 060 should be removed. The scope of BRv011 has been narrowed and the other validations embedded in Part 3 have been deleted in the corrected version of the template. PRA expects to consult on making these changes in March, with a view that the revisions would take effect from May.
Keywords: Europe, UK, Banking, Branch Return Form, Reporting, Validation, PRA
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