The rules, by template
Each rule in plain words, its code in brackets. Open one for what to do if your filing fails it. A rule that reads more than one template is listed under the first. Rules are warnings unless marked blocking.
Market risk: Standardised Approach for traded debt instruments (C 18.00)27 rules, 1 blocking
- Additional requirements for options (non-delta risks) must equal the sum of its five parts (v0006_h)
- 12.5 times own funds requirements must equal total risk exposure amount (v0569_m)
- Traded debt instruments in trading book must equal the sum of its three parts (v0570_m)
- Specific risk must equal the sum of its three parts (v0571_m)
- Own funds requirement for non-securitisation debt instruments must equal the sum of its five parts (v0572_m)
- Debt securities under the second category must equal the sum of its three parts (v0574_m)
- 0.08 times positions subject to capital charge must equal own funds requirements (v0578_m)
- 0.12 times positions subject to capital charge must equal own funds requirements (v0579_m)
- Own funds requirement for non-securitisation debt instruments: own funds requirements cannot be negative (v3764_s)
- None of the 874 values it checks in market risk: standardised approach for traded debt instruments can be negative (v3765_s)
- None of the 1,472 values it checks in market risk: standardised approach for traded debt instruments can be negative (v3766_s)
- Positions subject to capital charge cannot be negative (v3767_s)
- Maturity-based approach must equal zone 1 plus zone 2 plus zone 3 (v4848_m)
- Zone 1 must equal the sum of its four parts (v4849_m)
- Zone 2 must equal the sum of its three parts (v4850_m)
- Zone 3 must equal the sum of its eight parts (v4851_m)
- Duration-based approach must equal zone 1 plus zone 2 plus zone 3 (v4852_m)
- A calculation check on market risk: standardised approach for traded debt instruments (v6019_m)
- C 18.00 (sheet 0001) must equal the sum of its 22 parts (v6270_m)
- Own funds requirement for securitisation instruments, own funds requirements must be left empty (v7321_n)
- Own funds requirement for the correlation trading portfolio, own funds requirements must be left empty (v7322_n)Blocking
- Specific risk: own funds requirements cannot be negative (v7780_m)
- Traded debt instruments in trading book, total risk exposure amount cannot be negative (v23737_m)
- Net positions: debt securities under the second category must equal the sum of its three parts (v903147_h)
- Zone 1 must equal the sum of its four parts (v903148_h)
- Zone 2 must equal the sum of its three parts (v903149_h)
- Zone 3 must equal the sum of its eight parts (v903150_h)
Market risk: Standardised Approach for specific risk in securitisations (C 19.00)18 rules
- Total exposures must equal originator: total exposures plus investor: total exposures (v0582_m)
- Total exposures must equal the sum of its three parts (v0583_m)
- Total exposures cannot be less than re-securitisations (v0587_m)
- Originator: total exposures must equal securitisations (v0589_m)
- Originator: total exposures must equal securitisations plus re-securitisations (v0590_m)
- Investor: total exposures must equal securitisations (v0593_m)
- Investor: total exposures must equal securitisations plus re-securitisations (v0594_m)
- Each of the 28 values it checks in market risk: standardised approach for specific risk in securitisations cannot be more than zero (v2056_s)
- None of the 672 values it checks in market risk: standardised approach for specific risk in securitisations can be negative (v3770_s)
- None of the 14 values it checks in market risk: standardised approach for specific risk in securitisations can be negative (v3772_s)
- Re-securitisations must equal the sum of its three parts (v4827_m)
- Before cap cannot be less than after cap (v4832_m)
- Long must equal the sum of its 18 parts (v4841_m)
- Short must equal the sum of its 18 parts (v4842_m)
- Originator: total exposures must equal re-securitisations plus securitisations (v5844_h)
- Investor: total exposures must equal re-securitisations plus securitisations (v5845_h)
- Sponsor: total exposures must equal re-securitisations plus securitisations (v5846_h)
- Long plus short must equal the sum of six columns (v7391_m)
Market risk: Standardised Approach for specific risk in the correlation trading portfolio (C 20.00)13 rules
- Long must equal the sum of its eleven parts (v0600_m)
- Short must equal the sum of its eleven parts (v0602_m)
- Weighted net long positions: before cap cannot be less than after cap (v0604_m)
- Weighted net short positions: before cap cannot be less than after cap (v0605_m)
- Originator: total exposures must equal securitisations plus other CTP positions (v0612_m)
- Investor: total exposures must equal securitisations plus other CTP positions (v0614_m)
- Sponsor: total exposures must equal securitisations plus other CTP positions (v0616_m)
- Each of the 24 values it checks in market risk: standardised approach for specific risk in the correlation trading portfolio cannot be more than zero (v2057_s)
- Total exposures, total own funds requirements cannot be negative (v3774_s)
- None of the 432 values it checks in market risk: standardised approach for specific risk in the correlation trading portfolio can be negative (v3775_s)
- The absolute value of long cannot be more than long (v4846_m)
- The absolute value of short cannot be more than short (v4847_m)
- Long plus short must equal the sum of six columns (v7392_m)
Market risk: Standardised Approach for position risk in equities (C 21.00)18 rules
- 12.5 times own funds requirements must equal total risk exposure amount (v0619_m)
- Equities in trading book must equal the sum of its three parts (v0620_m)
- 0.08 times positions subject to capital charge must equal own funds requirements (row 0020, v0621_m)
- General risk must equal the sum of its two parts (v0622_m)
- 0.08 times positions subject to capital charge must equal own funds requirements (row 0050, v0623_m)
- Equities in trading book, total risk exposure amount cannot be negative (v3778_s)
- Own funds requirements cannot be negative (v3779_s)
- None of the 300 values it checks in market risk: standardised approach for position risk in equities can be negative (v3780_s)
- None of the 200 values it checks in market risk: standardised approach for position risk in equities can be negative (v3781_s)
- Positions subject to capital charge cannot be negative (v3782_s)
- Total must equal the sum of its 24 parts (row 0010, v6020_m)
- General risk cannot be less than derivatives plus other assets and liabilities (v23333_m)
- Total must equal the sum of its 24 parts (row 0010, v23613_m)
- Total must equal the sum of its 24 parts (row 0090, v23614_m)
- General risk, all positions: total must equal the sum of its 24 parts (v23615_m)
- General risk, net positions: total must equal the sum of its 24 parts (v23616_m)
- Total must equal the sum of its 24 parts (row 0020, v23617_m)
- Additional requirements for options (non-delta risks) must equal the sum of its five parts (v903648_h)
Market risk: Standardised Approaches for foreign exchange risk (C 22.00)15 rules
- 12.5 times own funds requirements must equal total risk exposure amount (v0625_m)
- Total positions must equal the sum of its four parts (v0626_m)
- Total positions must equal the sum of its three parts (v0627_m)
- Total positions cannot be more than the sum of three rows (v0628_m)
- Total positions, total risk exposure amount cannot be negative (v3783_s)
- Matched cannot be negative (v3784_s)
- Own funds requirements cannot be negative (v3785_s)
- None of the six values it checks in market risk: standardised approaches for foreign exchange risk can be negative (v3788_s)
- Long, all positions cannot be less than long, net positions (v4884_m)
- Short, all positions cannot be less than short, net positions (v4885_m)
- Other assets and liabilities other than off-balance sheet items and derivatives plus off-balance sheet items plus derivatives must equal the sum of 34 rows (v4907_m)
- Currencies closely correlated cannot be less than reporting currency (v6021_m)
- Additional requirements for options (non-delta risks) must equal the sum of its five parts (v23618_m)
- None of the 80 values it checks in market risk: standardised approaches for foreign exchange risk can be negative (v23689_s)
- None of the 76 values it checks in market risk: standardised approaches for foreign exchange risk can be negative (v23690_s)
Market risk: Standardised Approach for position risk in commodities (C 23.00)9 rules
- 12.5 times own funds requirements must equal total risk exposure amount (v0630_m)
- Total positions in commodities must equal the sum of its four parts (v0631_m)
- All positions: total positions in commodities must equal the sum of its four parts (v0632_m)
- Total positions in commodities must equal the sum of its three parts (v0633_m)
- Total positions in commodities, total risk exposure amount cannot be negative (v3789_s)
- None of the 45 values it checks in market risk: standardised approach for position risk in commodities can be negative (v3790_s)
- Own funds requirements cannot be negative (v3791_s)
- Others cannot be less than energy products (oil, gas) (v4826_m)
- Additional requirements for options (non-delta risks) must equal the sum of its five parts (v23619_m)
Market risk: Internal models - Total (C 24.00)12 rules
- Floor must equal the larger of two values times 0.08 (v0635_m)
- 12.5 times own funds requirements must equal total risk exposure amount (v0636_m)
- Own funds requirements must equal a sum of four terms (v0637_m)
- None of the 44 values it checks in market risk: internal models: total can be negative (v3793_s)
- Total amount for general risk cannot be more than the sum of four rows (v4859_m)
- Total amount for specific risk cannot be more than the sum of two rows (v4860_m)
- Total positions must be at least 3 (v6296_m)
- Total positions, number of overshootings cannot be more than 250 (v6297_m)
- Total positions, number of overshootings cannot be more than 30 (v6298_m)
- Latest available (SVaRt-1) cannot be less than previous day (VaRt-1) (v6303_m)
- Total positions cannot be negative (v90220_s)
- The absolute value of traded debt instruments cannot be more than the absolute value of TDI, general risk plus the absolute value of TDI, specific risk (v903650_h)
CREDIT VALUATION ADJUSTMENT RISK (CVA) (C 25.01.a)15 rules
- Transactions in scope of the own funds requirement for CVA risk cannot be less than derivatives only (v23065_m)
- Transactions in scope of the own funds requirement for CVA risk cannot be less than otherwise exempted transactions that institutions choose to reintegrate in the calculation of own funds requirements (v23066_m)
- Transactions with non-financial counterparties cannot be less than transactions with EU non-financial counterparties only (v23067_m)
- Transactions with non-financial counterparties cannot be less than transactions with third country non-financial counterparties only (v23068_m)
- All transactions exempted cannot be less than clients transactions (v23069_m)
- All transactions exempted cannot be less than transactions with non-financial counterparties (v23070_m)
- All transactions exempted cannot be less than intragroup transactions (v23071_m)
- All transactions exempted cannot be less than transactions with pension funds counterparties (v23072_m)
- All transactions exempted cannot be less than transactions with sovereign counterparties (v23073_m)
- Transactions in scope of the own funds requirement for CVA risk cannot be negative (v23232_s)
- SA-CVA approach: notional of CVA hedges cannot be negative (v23236_s)
- Full BA-CVA approach: notional of CVA hedges cannot be negative (v23347_s)
- Number of counterparties cannot be negative (v23348_s)
- Derivatives only, notional amount cannot be negative (v23709_s)
- None of the 28 values it checks in credit valuation adjustment risk (CVA) can be negative (v23710_s)
CREDIT VALUATION ADJUSTMENT RISK (CVA) (C 25.01.b)11 rules
- Transactions in scope of the own funds requirement for CVA risk cannot be less than otherwise exempted transactions that institutions choose to reintegrate in the calculation of own funds requirements (v23074_m)
- Transactions in scope of the own funds requirement for CVA risk cannot be less than otherwise exempted transactions that institutions choose to reintegrate in the calculation of own funds requirements (v23075_m)
- Transactions with non-financial counterparties cannot be less than transactions with EU non-financial counterparties only (v23076_m)
- Transactions with non-financial counterparties cannot be less than transactions with third country non-financial counterparties only (v23077_m)
- All transactions exempted cannot be less than clients transactions (v23078_m)
- All transactions exempted cannot be less than transactions with non-financial counterparties (v23079_m)
- All transactions exempted cannot be less than intragroup transactions (v23080_m)
- All transactions exempted cannot be less than transactions with pension funds counterparties (v23081_m)
- All transactions exempted cannot be less than transactions with sovereign counterparties (v23082_m)
- All transactions exempted must equal the sum of its five parts (v23084_m)
- Own funds requirements cannot be negative (v903658_s)
CCR exposures by approach (CCR 2) .a (C 34.02.a)6 rules
- Exposure value must equal the sum of its two parts (v09806_m)
- Risk weighted exposure amounts must equal the sum of its two parts (v09807_m)
- None of the 16 values it checks in CCR exposures by approach (CCR 2) can be negative (v10319_s)
- None of the 78 values it checks in CCR exposures by approach (CCR 2) can be negative (v90279_s)
- The absolute value of exposure value cannot be less than the absolute value of positions treated with the CR standardised approach plus the absolute value of positions treated with the CR IRB approach (v903598_h)
- A lower-limit check on CCR exposures by approach (CCR 2) (v903599_h)
Own funds composition (I 01.00)15 rules
- Tier 1 capital must equal common equity Tier 1 capital plus additional Tier 1 capital (v10868_h)
- Amount cannot be negative (v10870_s)
- Amount cannot be more than zero (v10992_s)
- Surplus or Deficit of CET 1 capital must equal common equity Tier 1 capital minus total own funds requirement times 0.56 (v11105_m)
- Surplus or Deficit of Tier 1 capital must equal tier 1 capital minus total own funds requirement times 0.75 (v11106_m)
- Surplus or Deficit of total capital must equal own funds minus total own funds requirement (v11107_m)
- Additional Tier 1 capital must equal the sum of its seven parts (v11126_m)
- Total deductions from additional Tier 1 must equal the sum of its four parts (v11128_m)
- Own AT1 instruments must equal the sum of its three parts (v11129_m)
- Tier 2 capital must equal the sum of its six parts (v11130_m)
- Total deductions fromTier 2 must equal the sum of its three parts (v11132_m)
- Own T2 instruments must equal the sum of its three parts (v11133_m)
- Total deductions from Common equity Tier 1 must equal the sum of its eleven parts (v11134_m)
- Own funds must equal tier 1 capital plus tier 2 capital (v23597_h)
- Own funds must equal the sum of its three parts (v23957_h)
Own funds requirements (I 02.01)2 rules
- Amount cannot be negative (v10876_s)
- Own fund requirement must equal the largest of three values (v11142_m)
Fixed overheads requirements calculation (I 03.00)4 rules
- Amount cannot be negative (v10990_s)
- Amount cannot be more than zero (v10991_s)
- Liquidity requirement cannot be less than fixed overhead requirement times 1 divided by 3 (v11140_m)
- Fixed expenses incurred on behalf of the investment firms by third parties cannot be more than total expenses of the previous year after distribution of profits (v11144_m)
K-Factor requirement calculations (I 04.00)13 rules
- Risk to client must equal the sum of its six parts (v11109_m)
- Assets under management must equal total AUM (average amounts) (v11112_m)
- Client money held, Segregated must equal CMH, Segregated (average amounts) (v11113_m)
- Client money held, non-segregated must equal CMH, non-segregated (average amounts) (v11114_m)
- Assets safeguarded and administered must equal total ASA (average amounts) (v11115_m)
- Client orders handled, cash trades must equal COH, cash trades (average amounts) (v11116_m)
- Client orders handled, derivatives trades must equal COH, derivative (average amounts) (v11117_m)
- Daily trading flow, cash trades must equal total DTF, cash trades (average amounts) (v11118_m)
- Daily trading flow, derivative trades must equal total DTF, derivative trades (average amounts) (v11119_m)
- Client money held must equal the sum of its two parts (v11120_m)
- Daily trading flow, cash trades and derivative trades must equal the sum of its two parts (v11121_m)
- Total K-factor requirement cannot be less than the sum of three rows (v11138_m)
- Risk to firm must equal the sum of its four parts (v11139_m)
Level of activity - Thresholds review (I 05.00)19 rules
- Intragroup part of the annual gross revenue cannot be more than zero (v11000_s)
- Revenue from reception and transmission of orders cannot be more than combined total annual gross revenue (v11146_m)
- Revenue from execution of orders cannot be more than combined total annual gross revenue (v11147_m)
- Revenue from dealing on own account cannot be more than combined total annual gross revenue (v11148_m)
- Revenue from portfolio management cannot be more than combined total annual gross revenue (v11149_m)
- Revenue from investment advice cannot be more than combined total annual gross revenue (v11150_m)
- Revenue from underwriting of financial instruments or placing on a firm commitment basis cannot be more than combined total annual gross revenue (v11151_m)
- Revenue from placing without a firm commitment basis cannot be more than combined total annual gross revenue (v11152_m)
- Revenue from operation of an MTF cannot be more than combined total annual gross revenue (v11153_m)
- Revenue from operation of an OTF cannot be more than combined total annual gross revenue (v11154_m)
- Revenue from safekeeping and administration of financial instruments cannot be more than combined total annual gross revenue (v11155_m)
- Revenue from granting credits or loans to investors cannot be more than combined total annual gross revenue (v11156_m)
- Revenue from advice to undertakings on capital structure, industrial strategy and related matters and advice and services relating cannot be more than combined total annual gross revenue (v11157_m)
- Revenue from foreign exchange services cannot be more than combined total annual gross revenue (v11158_m)
- Investment research and financial analysis cannot be more than combined total annual gross revenue (v11159_m)
- Revenue from services related to underwriting cannot be more than combined total annual gross revenue (v11160_m)
- Investment services and ancillary activities related with the underlying of derivatives cannot be more than combined total annual gross revenue (v11161_m)
- Combined total annual gross revenue cannot be less than the sum of 16 rows (v11162_m)
- Total annual gross revenue must equal the sum of its two parts (v11163_m)
Assets under management - AUM additional detail (I 06.01)1 rule
Average value of total monthly AUM (I 06.02)2 rules
Assets safeguarded and administered - ASA additional detail (I 06.05)4 rules
- Fair value of financial instruments (Level 2) cannot be more than total ASA (average amounts) (v11166_m)
- Fair value of financial instruments (Level 3) cannot be more than total ASA (average amounts) (v11167_m)
- Assets formally delegated to another financial entity cannot be more than total ASA (average amounts) (v11168_m)
- Assets of another financial entity that has formally delegated to the investment firm cannot be more than total ASA (average amounts) (v11169_m)
Average value of total daily ASA (I 06.06)4 rules
- Fair value of financial instruments (Level 2) cannot be more than assets safeguarded and administered (v11170_m)
- Fair value of financial instruments (Level 3) cannot be more than assets safeguarded and administered (v11171_m)
- Assets formally delegated to another financial entity cannot be more than assets safeguarded and administered (v11172_m)
- Assets of another financial entity that has formally delegated to the investment firm cannot be more than assets safeguarded and administered (v11173_m)
Client orders handled - COH additional detail (I 06.07)2 rules
Average value of total daily COH (I 06.08)2 rules
K-Net position risk - K-NPR additional detail (I 06.09)1 rule
Level of concentration risk - Client money held (I 08.01)1 rule
Level of concentration risk - Assets seafeguarded and administered (I 08.02)1 rule
Level of concentration risk -Total own cash deposited (I 08.03)1 rule
Level of concentration risk - Total earnings (I 08.04)1 rule
Trading book exposures (I 08.05)1 rule
Non-trading book and off-balance sheet items (I 08.06)1 rule
Liquidity requirements (I 09.00)5 rules
Templates with no rule of their own
Rules on other templates can still read them.
- CCR exposures by approach (CCR 2) (C 34.02)
- CCR exposures by approach (CCR 2) .b (C 34.02.b)
- Capital ratios (I 02.02)
- Client money held - CMH additional detail (I 06.03)
- Average value of total daily CMH (I 06.04)
- Clearing Margin given - CMG additional detail (I 06.10)
- Trading counterparty default - TCD additional detail (I 06.11)
- Daily trading flow - DTF additional detail (I 06.12)
- Average value of total daily DTF (I 06.13)
- K-CON - additional detail (I 07.00)
35 rules EBA has switched off
EBA has switched these off, in its 4.2 severity package or since then in its list of validation rules (latest update 12 October 2026): they do not apply to 4.2 filings.
v0611_m, v6268_m, v6269_m, v23083_m, v23345_s, v903649_h, v11108_m, v11136_m, v11182_m, v11183_m, v11184_m, v11185_m, v11186_m, v11187_m, v11188_m, v11189_m, v11190_m, v11191_m, v11192_m, v11193_m, v11199_m, v11200_m, v11202_m, v11203_m, v11205_m, v11206_m, v11208_m, v11209_m, v11210_m, v11211_m, v11212_m, v11213_m, v11214_m, v11215_m, v11216_m
Checks like this one, run at the point of submission, are the first step to real-time supervision. See every return on EBA validation rules in plain words.