The rule in plain words
For derivatives: held for trading must equal financial liabilities held for trading and trading.
It applies only when accounting framework in F 00.01 is Ifrs.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
F_08.01.A: Derivatives, Held for trading = F_10.00: Derivatives, Financial liabilities Held for trading and trading
What to do if your filing fails it
- 01Open the templates 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 applies only when accounting framework in F 00.01 is Ifrs.
- 05It runs only when your filing indicators mark F 08.01, F 10.00 and F 00.01 as reported.
- 06This 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
Breakdown of financial liabilities by product and by counterparty (a) (F 08.01.a)
Row
- 0010Derivatives
Column
- 0010Held for trading
Derivatives: trading and economic hedges (F 10.00)
Row
- 0290Derivatives
Column
- 0020Financial liabilities Held for trading and trading
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
if ({F_00.01,r0010,c0010,} = {{[eba_qAS:qx2004]}}) then ({F_08.01.a,r0010,c0010,} = {F_10.00,r0290,c0020,}) else TrueOther rules on F 08.01.a
- Total financial liabilities must equal the sum of its three parts (v0830_m)Blocking
- Total financial liabilities must equal the sum of its five parts (v0829_m)Blocking
- Short positions must equal equity instruments plus debt securities (v0827_m)Blocking
- Total, repurchase agreements cannot be more than the sum of 30 cells (v0912_m)Warning
- Deposits, securitisation special purpose entities plus deposits, asset management plus deposits, other activities cannot be more than the sum of ten cells (v1014_m)Warning
- An upper-limit check across related parties and breakdown of financial liabilities (F 31.01, row 0070, v1032_m)Warning
- An upper-limit check across related parties and breakdown of financial liabilities (F 31.01, row 0080, v1033_m)Warning
- Derivatives, carrying amount (all sheets added up) must equal the sum of three columns (v1740_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.