The rule in plain words
Other transitional adjustments must equal additional filters and deductions.
All the values are in the adjustments to T2 column (0030) of C 05.01.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
Adjustments to T2: OTHER TRANSITIONAL ADJUSTMENTS = Additional filters and deductions
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 05.01 as reported.
- 05This is a warning. It does not stop the filing on its own, but your authority may ask you to explain it.
The cells it reads
Capital adequacy - transitional provisions: Summary (C 05.01)
Rows
- 0100OTHER TRANSITIONAL ADJUSTMENTS
- 0430Additional filters and deductions
Column
- 0030Adjustments to T2
A worked example
The first of its checks, with simple numbers.
Additional filters and deductions must then be 1,200.
A file that reports 1,200 passes. One that reports 1,300 fails, by 100.
The numbers are illustrative, reported to the unit, so the rounding tolerance does not change the result.
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{C_05.01,r0100,c0030,} = {C_05.01,r0430,c0030,}Other rules on C 05.01
- Other transitional adjustments must equal additional filters and deductions (row 0100, v0255_m)Warning
- Minority interests and equivalents must equal the sum of its two parts (v0253_m)Warning
- Other transitional adjustments must equal the sum of its three parts (v0264_m)Warning
- Deductions must equal the sum of its four parts (v0266_m)Warning
- Deductions must equal the sum of its three parts (v0269_m)Warning
- Instruments not constituting state aid, adjustments to CET1 must equal instruments that qualified for Article 57, point (a), total grandfathered amount (v0274_m)Warning
- A matching-values check across capital adequacy: transitional provisions: Summary and capital adequacy (C 05.02, row 0060, v0275_m)Warning
- A matching-values check across capital adequacy: transitional provisions: Summary and capital adequacy (C 05.02, row 0060, v0276_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.