The rule in plain words
Derivatives in F 10.00 must equal derivatives in F 01.01 (under financial assets held for trading) plus derivatives in F 01.01 (under trading financial assets).
All the values are in the financial assets held for trading and trading column (0010).
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
F_10.00: Derivatives, Financial assets Held for trading and trading = F_01.01: Financial assets held for trading, derivatives + F_01.01: Trading financial assets, derivatives
What to do if your filing fails it
- 01Open the templates 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- 03If they differ, a part is missing, a value sits in the wrong row, or the total is out of date.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 10.00 and F 01.01 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: assets (F 01.01)
Rows
- 0060Derivatives
- 0092Derivatives
Column
- 0010Carrying amount
Derivatives: trading and economic hedges (F 10.00)
Row
- 0290Derivatives
Column
- 0010Financial assets Held for trading and trading
A worked example
The first of its checks, with simple numbers.
Derivatives in F 10.00 must then be 2,000.
A file that reports 2,000 passes. One that reports 2,100 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_10.00,r0290,c0010,} = {F_01.01,r0060,c0010,} + {F_01.01,r0092,c0010,}Other rules on F 01.01
- Financial assets held for trading: the sum of two columns cannot be more than equity instruments, carrying amount in F 01.01 (v0897_m)Warning
- Financial assets held for trading: the sum of two columns cannot be more than debt securities, carrying amount in F 01.01 (v0898_m)Warning
- Financial assets held for trading: the sum of two columns cannot be more than loans and advances, carrying amount in F 01.01 (v0899_m)Warning
- Financial assets designated at fair value through profit or loss: the sum of two columns cannot be more than equity instruments, carrying amount in F 01.01 (v0900_m)Warning
- Financial assets designated at fair value through profit or loss: the sum of two columns cannot be more than debt securities, carrying amount in F 01.01 (v0901_m)Warning
- Financial assets designated at fair value through profit or loss: the sum of two columns cannot be more than loans and advances, carrying amount in F 01.01 (v0902_m)Warning
- Financial assets at fair value through other comprehensive income: the sum of two columns cannot be more than equity instruments, carrying amount in F 01.01 (v0903_m)Warning
- Financial assets at fair value through other comprehensive income: the sum of two columns cannot be more than debt securities, carrying amount in F 01.01 (v0904_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.