R01 Prudential Financial Return¶

Prudential and financial

Status: Specified. Legal name, due date policy, and thresholds require supervisor confirmation. Template: R01 v2.4 Version: 0.1 Date: 2026-08-11

Attributes¶

Attribute	Specification
Frequency	Quarterly, or as directed
Applicable entities	All securities market intermediaries where applicable
Purpose	Financial position, income, liquidity, capital, and exposure data
Legal basis	Directive on Prudential and AML-CFT Returns and Penalties for Non-Compliance
Submission workflow	Maker prepares, internal approver certifies, supervisor receives, reviewer validates, queries may be raised, final status issued
Late filing treatment	System flags overdue status and applies the configurable penalty workflow, subject to supervisor policy
Due date policy	Period end + 45 days, adjusted to the next working day (to be confirmed)

Core fields¶

Present on every return template regardless of regime.

Id	Field	Type	Mode	Validation
`CORE-01`	Reporting period start	`DATE`	input	Required; cannot be after period end
`CORE-02`	Reporting period end	`DATE`	input	Required
`CORE-03`	Firm licence number	`TEXT`	input	Must match the firm master in Registry
`CORE-04`	Prepared by	`USER`	input	Must be an authorised maker for this firm and return
`CORE-05`	Approved by	`USER`	input	Must be an authorised approver; must differ from `CORE-04`
`CORE-06`	Board / management approval date	`DATE`	input	Required for certified returns
`CORE-07`	Declaration	`BOOLEAN`	input	Must be accepted before submission
`CORE-08`	Supporting documents	`FILE`	input	PDF / XLSX / CSV as configured
`CORE-09`	Comments	`NARRATIVE`	input	Mandatory where exceptions exist

Return-specific fields¶

Balances and activity¶

Id	Field	Type	Mode	Validation
`R01-F01`	Opening balance	`CURRENCY`	input	Must reconcile to the prior period closing balance
`R01-F02`	Closing balance	`CURRENCY`	input	Required
`R01-F03`	Number of clients / accounts	`INTEGER`	input	Non-negative
`R01-F04`	Value in ZWG	`CURRENCY`	input	Non-negative
`R01-F05`	Value in USD equivalent	`CURRENCY`	input	Conversion basis must be stated in `R01-F12`

Exceptions and remediation¶

Id	Field	Type	Mode	Validation
`R01-F06`	Exceptions count	`INTEGER`	input	Non-negative
`R01-F07`	Largest exposure	`CURRENCY`	input	Non-negative
`R01-F08`	Number of breaches	`INTEGER`	input	Any value above zero raises a supervisory alert
`R01-F09`	Management explanation	`NARRATIVE`	input	Mandatory when exceptions or breaches exist
`R01-F10`	Remediation owner	`TEXT`	input	Required when breaches exist
`R01-F11`	Remediation due date	`DATE`	input	Required when breaches exist; must be a future date at submission
`R01-F12`	Supporting schedule reference	`TEXT`	input	Required where a schedule is attached

Financial position¶

Id	Field	Type	Mode	Validation
`R01-X01`	Total assets	`CURRENCY`	input	Non-negative; variance above tolerance requires explanation
`R01-X02`	Total liabilities	`CURRENCY`	input	Non-negative
`R01-X03`	Shareholders equity	`CURRENCY`	derived	`R01-X01 - R01-X02`
`R01-X04`	Liquid assets	`CURRENCY`	input	Non-negative; cannot exceed `R01-X01`

Capital¶

Id	Field	Type	Mode	Validation
`R01-X05`	Regulatory deductions	`CURRENCY`	input	Non-negative
`R01-X06`	Required minimum capital	`CURRENCY`	input	From the `MIN_CAPITAL_BY_CATEGORY` reference table
`R01-X07`	Capital surplus / (deficit)	`CURRENCY`	derived	`R01-X03 - R01-X05 - R01-X06`
`R01-X08`	Early warning ratio	`RATIO`	derived	`(R01-X03 - R01-X05) / R01-X06`; floor 1.00
`R01-X09`	Audited adjustment	`CURRENCY`	input	Annual audited return only
`R01-X10`	Capital restoration plan	`FILE`	input	Mandatory when `R01-X07` is negative

Derived figures¶

R01-X03  shareholders equity      = R01-X01 − R01-X02
R01-X07  capital surplus/(deficit)= R01-X03 − R01-X05 − R01-X06
R01-X08  early warning ratio      = (R01-X03 − R01-X05) ÷ R01-X06

The firm cannot supply values for these. A submission document containing them fails conformance — see law four.

Automated validations¶

Id	Rule	Severity	Citation
`V01`	Submission must be made by a user authorised for the relevant firm and return	`FAIL`	Access control · authorised maker and approver
`V02`	Period cannot overlap a previously accepted return unless filed as an amendment	`FAIL`	Period integrity control
`V03`	Mandatory numeric fields must be non-negative unless explicitly configured otherwise	`ADVISORY`	Numeric field control
`V04`	Variance against prior period above the configured threshold requires explanation	`FAIL` without explanation, `ADVISORY` with	Variance tolerance · template version
`V05`	A breach, exception, or deficit automatically creates a supervisory alert	`FAIL`	Automated supervisory alert
`V06`	Missing required attachment prevents final submission	`FAIL`	Attachment control
`V07`	Early warning ratio must hold at or above the configured floor	`FAIL` below 1.00, `ADVISORY` below 1.20	Directive on Capital Adequacy · early warning control
`V08`	Opening balance must reconcile to the prior period closing balance	`FAIL`	Balance continuity control
`V09`	Liquid assets cannot exceed total assets	`FAIL`	Internal consistency

V03 is ADVISORY rather than FAIL because R01-X07 is legitimately negative when a firm reports a deficit. Blocking it would prevent honest reporting of the exact condition the supervisor most needs to see.

Reviewer checklist¶

Item	What it means for R01
Completeness	All sections present; `R01-X10` attached if a deficit is reported; comments present if exceptions exist
Consistency	`R01-X01` movement against prior period; opening balance continuity; agreement with R02 for the same period
Thresholds	`V05` and `V07` alerts; largest exposure against concentration policy
Evidence	Supporting schedules match `R01-F12`; management explanation is substantive, not boilerplate
Outcome	Approve, reject, request clarification, raise a risk flag, or open an enforcement case

Outcomes¶

APPROVE · REJECT · CLARIFY · RISK_FLAG · ENFORCE

Approval is gated on a cleared checklist and zero standing FAIL results. See Bench.

Worked examples¶

Passing¶

Field	Value
`R01-X01` Total assets	3,109,750,000
`R01-X02` Total liabilities	2,114,630,000
`R01-X03` Shareholders equity (derived)	995,120,000
`R01-X05` Regulatory deductions	89,560,000
`R01-X06` Required minimum capital	584,000,000
`R01-X07` Capital surplus (derived)	321,560,000
`R01-X08` Early warning ratio (derived)	1.55
`R01-F08` Breaches	0
Prior period total assets	2,936,180,000 (+5.9%)

Result: all rules pass. V07 advisory not triggered — 1.55 is above the 1.20 advisory band.

Failing¶

Field	Value
`R01-X01` Total assets	2,038,640,000
`R01-X02` Total liabilities	1,257,106,970
`R01-X03` Shareholders equity (derived)	781,533,030
`R01-X05` Regulatory deductions	14,621,004
`R01-X06` Required minimum capital	214,596,383
`R01-X07` Capital surplus (derived)	(36,429,882)
`R01-X08` Early warning ratio (derived)	0.83
`R01-F08` Breaches	6
Prior period total assets	1,617,352,120 (+26.0%)

Results:

Rule	Status	Reason
`V03`	`ADVISORY`	`R01-X07` is negative — permitted so a deficit can be reported
`V04`	`ADVISORY`	+26.0% exceeds the 15% tolerance, but `R01-F09` explanation supplied
`V05`	`FAIL`	6 breaches and a capital deficit raised alerts
`V07`	`FAIL`	Ratio 0.83 is below the 1.00 floor; restoration plan required

Approval blocked on two failures. These figures are the case rendered in the supervision prototype.

Open questions¶

Currency and FX basis. R01-F05 requires a USD equivalent. The rate and the date it was taken must be stored with the submission, or the same return revalidates differently later. Proposed: mid-rate at period end, sourced from a reference table and captured in the validation result.
Concentration threshold for R01-F07. The requirement notes largest exposure without stating a limit. Needs a workshop and an instrument reference.
Audited variant. R01-X09 exists only in the audited annual return. Whether that is a separate template version or a conditional section is unresolved; a separate version is cleaner but doubles the catalogue for audited returns.

R02 Capital Adequacy — must reconcile with this return
Submission lifecycle
Assay — executes these rules