The rule in plain words
For carrying amount: loans and advances must equal these seven added up:
- On demand [call] and short notice [current account]
- Credit card debt
- Trade receivables
- Finance leases
- Reverse repurchase loans
- Other term loans
- Advances that are not loans
All the values are in the central banks column (0010) of F 05.01.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
Central banks: LOANS AND ADVANCES = On demand [call] and short notice [current account] + Credit card debt + Trade receivables + Finance leases + Reverse repurchase loans + Other term loans + Advances that are not loans
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- 03If they differ, a part is missing, a value sits in the wrong row, or the total is out of date.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 05.01 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
Rows
- 0010On demand [call] and short notice [current account]
- 0020Credit card debt
- 0030Trade receivables
- 0040Finance leases
- 0050Reverse repurchase loans
- 0060Other term loans
- 0070Advances that are not loans
- 0080LOANS AND ADVANCES
Column
- 0010Central banks
A worked example
The first of its checks, with simple numbers.
Loans and advances must then be 3,060.
A file that reports 3,060 passes. One that reports 3,160 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_05.01,r0080,c0010,} = {F_05.01,r0010,c0010,} + {F_05.01,r0020,c0010,} + {F_05.01,r0030,c0010,} + {F_05.01,r0040,c0010,} + {F_05.01,r0050,c0010,} + {F_05.01,r0060,c0010,} + {F_05.01,r0070,c0010,}Other rules on F 05.01
- Loans and advances must equal the sum of its seven parts (v0875_m)Blocking
- Loans and advances cannot be less than project finance loans (v0876_m)Blocking
- Loans and advances cannot be less than the sum of two rows (v0877_m)Blocking
- Loans and advances cannot be less than the sum of two rows (v0878_m)Blocking
- Loans and advances, residential immovable property plus loans and advances, commercial immovable property cannot be more than the sum of five columns (v1074_m)Blocking
- An upper-limit check across breakdown of collateral and guarantees, and breakdown of non-trading loans and advances (F 13.01, v1075_m)Warning
- The sum of two columns cannot be more than loans collateralized by immovable property, other financial corporations (v1077_m)Blocking
- The sum of seven columns cannot be more than loans and advances, other financial corporations (v1078_m)Blocking
Every FINREP 9 rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.