The rule in plain words
Loans and advances to other financial corporations (excl. reverse repurchase loans) must equal these three added up:
- Domestic activities
- Other EEA countries activities
- Non-EEA countries activities
EBA checks it for four columns: actual current position, planned Year 1 Position, planned Year 2 Position and planned Year 3 Position. That makes four checks. A failure names the one that failed.
How the Line4 Check report words itShowHide
The first of its checks, word for word as the report shows it when it fails. The others read the same, with their own column, row or sheet.
Planned Year 1 Position: Loans and advances to other financial corporations (excl. reverse repurchase loans) = Domestic activities + Other EEA countries activities + Non-EEA countries activities
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- 03If they differ, a part is missing, a value sits in the wrong cell, or the total is out of date.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 P 01.01 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
Assets (P 01.01)
Rows
- 190Loans and advances to other financial corporations (excl. reverse repurchase loans)
- 191Domestic activities
- 192Other EEA countries activities
- 193Non-EEA countries activities
Columns
- 010Actual current position
- 030Planned Year 1 Position
- 040Planned Year 2 Position
- 050Planned Year 3 Position
A worked example
The first of its checks, with simple numbers.
Loans and advances to other financial corporations (excl. reverse repurchase loans) 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, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.
{P_01.01,r190,c030,} = {P_01.01,r191,c030,} + {P_01.01,r192,c030,} + {P_01.01,r193,c030,}The next three:
{P_01.01,r190,c040,} = {P_01.01,r191,c040,} + {P_01.01,r192,c040,} + {P_01.01,r193,c040,}{P_01.01,r190,c010,} = {P_01.01,r191,c010,} + {P_01.01,r192,c010,} + {P_01.01,r193,c010,}{P_01.01,r190,c050,} = {P_01.01,r191,c050,} + {P_01.01,r192,c050,} + {P_01.01,r193,c050,}Other rules on P 01.01
- Loans and advances to credit institutions (excl. reverse repurchase loans) must equal the sum of its three parts (v08802_m)Warning
- Loans and advances to households (exc reverse repurchase loans): if other EEA countries activities is more than zero, accumulated impairment, accumulated negative changes in fair value due to credit risk for other EEA countries activities (memo item) must be negative (v08804_m)Warning
- Loans and advances to non-financial corporations (excl. reverse repurchase loans) must equal the sum of its three parts (v08801_m)Warning
- Loans and advances to households (exc reverse repurchase loans): if non-EEA countries activities is more than zero, accumulated impairment, accumulated negative changes in fair value due to credit risk for non-EEA countries activities (memo item) must be negative (v08805_m)Warning
- Loans and advances to households (exc reverse repurchase loans) must equal the sum of its three parts (v08800_m)Warning
- Loans and advances to non-financial corporations (excl. reverse repurchase loans): if other EEA countries activities is more than zero, accumulated impairment, accumulated negative changes in fair value due to credit risk for other EEA countries activities (memo item) must be negative (v08806_m)Warning
- Loans and advances to non-financial corporations (excl. reverse repurchase loans): if non-EEA countries activities is more than zero, accumulated impairment, accumulated negative changes in fair value due to credit risk for non-EEA countries activities (memo item) must be negative (v08807_m)Warning
- If loans collateralised by residential immovable property is more than zero, domestic activities must be more than zero (v08808_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.