The template it checks
Derivatives: trading and economic hedges (F 10.00)
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EBA's formula, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.
if ({F_10.00,r0040,c0030,} != 0) then ({F_10.00,r0040,c0010,} != 0 or {F_10.00,r0040,c0020,} != 0) else TrueAnd 32 more, the same formula for the other cells it covers.
Other rules on F 10.00
- Derivatives cannot be less than the sum of three rows (v0854_m)Warning
- Economic hedges cannot be more than other (v0851_m)Warning
- Economic hedges cannot be more than commodity (v0850_m)Warning
- Economic hedges with use of the fair value option cannot be more than credit (v0849_m)Warning
- Economic hedges cannot be more than foreign exchange and gold (v0848_m)Warning
- Foreign exchange and gold must equal the sum of its four parts (v0847_m)Warning
- Economic hedges cannot be more than equity (v0846_m)Warning
- Equity must equal the sum of its four parts (v0845_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.