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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that if you used to complete the old MLAR or RMAR, these have been replaced
by 11 separate data items each.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.
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