The rule in plain words
Financial liabilities designated at fair value through profit or loss must equal these three added up:
- Deposits
- Debt securities issued
- Other financial liabilities
All the values are in the carrying amount column (0010) of F 01.02.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
Financial liabilities designated at fair value through profit or loss = Deposits + Debt securities issued + Other financial liabilities
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Add up the parts in your file and compare the result with the total.
- 03If they differ, a part is missing, a value sits in the wrong row, or the total is out of date.
- 04EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 05It runs only when your filing indicators mark F 01.02 as reported.
- 06This is a blocking check. A filing that fails it is normally rejected, so fix it before you submit.
The cells it reads
Balance sheet statement: liabilities (F 01.02)
Rows
- 0070Financial liabilities designated at fair value through profit or loss
- 0080Deposits
- 0090Debt securities issued
- 0100Other financial liabilities
Column
- 0010Carrying amount
A worked example
The first of its checks, with simple numbers.
Financial liabilities designated at fair value through profit or loss must then be 2,450.
A file that reports 2,450 passes. One that reports 2,550 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}.
{F_01.02,r0070,c0010,} = {F_01.02,r0080,c0010,} + {F_01.02,r0090,c0010,} + {F_01.02,r0100,c0010,}Other rules on F 01.02
- Financial liabilities held for trading must equal the sum of its five parts (v0770_m)Blocking
- Financial liabilities measured at amortised cost must equal the sum of its three parts (v0772_m)Blocking
- Total equity and total liabilities must equal the sum of its 14 parts (v0775_m)Warning
- Derivatives, financial liabilities held for trading and trading must equal the sum of its two parts (v0777_m)Blocking
- Total equity and total liabilities must equal total equity plus total liabilities (v0785_m)Blocking
- Financial liabilities held for trading, carrying amount must equal the sum of its three parts (v0938_m)Warning
- Derivatives: carrying amount must equal level 1 plus level 2 plus level 3 (v0939_m)Warning
- Short positions: carrying amount must equal level 3 plus level 2 plus level 1 (v0940_m)Warning
Every FINREP 9 rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.