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Latest Upgrade

15 October 2008


The latest upgrade has just been issued. You should install this upgrade as soon as possible.

The 15 October upgrade includes:

  • FSA008 – The calculations for item 5N have changed several times. This upgrade includes the (hopefully) final version, where 5N=5P+5Q. The check for 5N=((5H+5K)/4B)*100 has now been permanently removed, which means that those firms without a Trading Book can leave 5N as zero. Existing forms may need re-totalling and re-validating, if opened for amendment.
  • FSA008 – Re-instatement of the section dealing with ampersands and a handful of other special characters in counterparty names. Note that Gabriel cannot deal with most special characters such as umlauts and other foreign characters, and will return illogical error messages if you attempt to submit them.
  • FSA023, FSA025, FSA028, FSA046, MLA-A1-A2, RMA-D1, RMA-G – Minor corrections to Gabriel transmission.
  • Gabriel – Under certain circumstances, SPRiNG Gabriel transmissions were rejected with error MSG155 if you had two Data Items of the same name covering the same period and FRN, but with a different reporting basis. For example, FSA008 Quarter to end-September Unconsolidated, and FSA008 Quarter to end-September UK Consolidation Group. This has now been corrected, so if you have overdue Data Items that meet these conditions, please submit them now.
  • Gabriel – Validations for reporting currency/units have been amended as follows: Invalid reporting units (where your front page details in SPRiNG do not match what is on your downloaded FSA Schedule) will be rejected with a message asking you to check your front page details, and you cannot submit the form. Currently, all forms except FSA027 and RMA ones should be reported in thousands, with FSA027 and RMA forms in single units, and this cannot be changed on Gabriel. Invalid reporting currencies will receive a warning, but you can choose to proceed. This allows for the situation where you change your default reporting currency on Gabriel Online Firm Preferences, but Gabriel is unable to reflect these changes in your FSA Schedule until the next reporting period.
  • Gabriel – Allow FSA Schedule download even if you have no Data Items suitable for transmission.
  • Import From Text – Export to Excel of summary report improved to cater for text files with more than 25 fields.

Latest Gabriel News
  • A reminder that if you used to complete the old MLAR or RMAR, these have been replaced by 11 separate data items each. The old MLAR / RMAR remain in SPRiNG so you can see historical data, but you will need to start completing the new ones from end-September. To work with these in SPRiNG, choose Utilities, Forms Available to add them to your copy of SPRiNG, then Forms, Schedule to tell SPRiNG whether they are monthly, quarterly etc.
  • Downloading your FSA Schedule – we recommend that you download your FSA Schedule at the start of every new reporting period (Forms, Transmit, Schedule), and also if you receive an email from the FSA saying that they have changed your schedule. You can only submit returns which match those on your FSA Schedule.
  • Version 3 of our Help For Gabriel document is in the docs folder of the latest upgrade. You may find this helpful because (a) it contains detailed instructions on setting up and using Gabriel in SPRiNG, and (b) it contains an Appendix of error messages you may see and their possible causes and solutions.
  • Gabriel cross-checking works in a somewhat confusing manner, so we will try to clarify what happens here. When you transmit a form which is in a cross-checking subset (eg FSA003, FSA004 and FSA008 all cross-check to each other), then the first two forms will show as validated but awaiting cross-validation, so are therefore not regarded as ‘submitted’ by Gabriel or the FSA. This is unlike the old system, where a form would be individually regarded as ‘submitted’ once the data for that form reached the BoE/FSA, regardless of whether related forms had been submitted. Now, when you transmit the final form in the subset (assuming there are no cross-validation errors), all forms in the subset automatically reach ‘submitted’ status on Gabriel. In SPRiNG, the Forms, Transmit, Transmit page still reports the status from when each form was transmitted. If you want to see the final status, then after submitting all forms in the subset, select the earlier forms (one at a time) and choose Check Status. This will then pick up the current status (ie ‘submitted’) of those forms. You do not have to do this if you prefer not to, as it does not affect the actual status of the form, simply how it is reported in SPRiNG. You can also see the latest status at any time on Gabriel Online, or when you download the latest FSA Schedule. We are looking at ways to improve this process in the future.


Next Upgrade
     
 

Date: scheduled for November 2008


 


Important Notes on Upgrades
     
 


It is important that all upgrades are installed in a timely manner, with due regard to the deadline expressed in the accompanying schedule or eNews. Some banks have experienced problems due to not installing upgrades as they are issued. Sometimes, this will not matter too much - but sometimes it can mean that you are submitting invalid data to your regulatory body. We would just like to remind all our users of the importance of applying the upgrades.


 


Previous
Upgrades


 
(NB These will open in a pop-up window)  
       
6 October 2008
     
24 September 2008
     
5 September 2008
     
19 August 2008
     
30 June 2008
     
16 June 2008
     
28 April 2008
     
26 March 2008
     
25 January 2008
     
28 December 2007
     
26 November 2007
     
21 September 2007
     
20 June 2007
     
18 January 2007
     
19 December 2006
     
26 July 2006
     
16 March 2006
     
13 December 2005
     
9 September 2005
     
13 May 2005
     
20 January 2005
     
2 November 2004
     
1 September 2004
     
26 July 2004
     
29 June 2004
     
25 March 2004
     
28 January 2004
     
19 November 2003
     
30 June 2003
     
28 November 2002
     
21 October 2002
     
28 August 2002
     
21 June 2002
     
9 May 2002
     
8 March 2002
     
24 December 2001
     
12 November 2001
     
28 August 2001
     
21 June 2001
     
27 March 2001
     
24 January 2001
     
10 January 2001
     
11 December 2000
     
15 September 2000
     
16 August 2000
     
23 June 2000
     
21 March 2000
     
1 February 2000
     
13 December 1999
     

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