The rule in plain words
Minority interest given recognition in CET1 capital, amount must equal transitional recognition in consolidated own funds of minority interests, eligible amount without transitional provisions.
The template it checks
Capital adequacy - own funds definition (C 01.00)
Row
- 0230Minority interest given recognition in CET1 capital
Column
- 0010Amount
Capital adequacy - transitional provisions: Summary (C 05.01)
Row
- 0090Transitional recognition in consolidated own funds of minority interests
Column
- 0060Eligible amount without transitional provisions
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EBA's formula. Cells are written as {template, row, column, sheet}.
{C_01.00,r0230,c0010,} = {C_05.01,r0090,c0060,}Other rules on C 01.00
- Common equity tier 1 capital: a matching-values check across capital adequacy: own funds definition and capital adequacy: transitional provisions: Summary (C 05.01, v0191_m)Warning
- Own T2 instruments must equal the sum of its three parts (v0188_m)Warning
- Capital instruments and share premium eligible as T2 capital must equal the sum of its four parts (v0187_m)Warning
- Tier 2 capital must equal the sum of its 14 parts (v0186_m)Warning
- Excess of deduction from T2 items over T2 capital must equal minus excess of deduction from T2 items over T2 capital (deducted in AT1) (v0185_m)Blocking
- Own AT1 instruments must equal the sum of its three parts (v0184_m)Warning
- Capital instruments and share premium eligible as AT1 capital must equal the sum of its four parts (v0183_m)Warning
- Additional tier 1 capital must equal the sum of its twelve parts (v0182_m)Warning
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.