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.

Related

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