The rule in plain words
(-) excess of deduction from T2 items over T2 capital must equal minus excess of deduction from T2 items over T2 capital (deducted in AT1).
All the values are in the amount column (0010) of C 01.00.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
(-) Excess of deduction from T2 items over T2 Capital = - Excess of deduction from T2 items over T2 Capital (deducted in AT1)
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02The two values must be the same. Find which of the two is right, and correct the other one.
- 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 04It runs only when your filing indicators mark C 01.00 as reported.
- 05This is a blocking check. A filing that fails it is normally rejected, so fix it before you submit.
The cells it reads
Capital adequacy - own funds definition (C 01.00)
Rows
- 0720(-) Excess of deduction from T2 items over T2 Capital
- 0970Excess of deduction from T2 items over T2 Capital (deducted in AT1)
Column
- 0010Amount
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{C_01.00,r0720,c0010,} = -{C_01.00,r0970,c0010,}Other rules on C 01.00
- Own AT1 instruments must equal the sum of its three parts (v0184_m)Warning
- Tier 2 capital must equal the sum of its 14 parts (v0186_m)Warning
- Capital instruments and share premium eligible as AT1 capital must equal the sum of its four parts (v0183_m)Warning
- Capital instruments and share premium eligible as T2 capital must equal the sum of its four parts (v0187_m)Warning
- Additional tier 1 capital must equal the sum of its twelve parts (v0182_m)Warning
- Own T2 instruments must equal the sum of its three parts (v0188_m)Warning
- Excess of deduction from AT1 items over AT1 capital (see 1.2.10) must equal minus excess of deduction from AT1 items over AT1 capital (deducted in CET1) (v0181_m)Blocking
- Defined benefit pension fund assets (under common equity tier 1 capital) must equal the sum of its three parts (v0180_m)Blocking
Every COREP own funds rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.