The rule in plain words
For other long-term unsecured instruments: if planned Year 1 Position in P 01.02 is not zero, planned Year 1 Position in P 02.05 cannot be zero.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
If P_01.02: Other long-term unsecured instruments, Planned Year 1 Position != 0, then P_02.05: Other long-term unsecured instruments, Planned Year 1 Position != 0
What to do if your filing fails it
- 01Open the templates below and find the cells the rule reads.
- 02The check applies only when its first part holds in your file. When it does, the second part must hold too: fix the second part, or correct the first.
- 03EBA compares the values exactly here: there is no rounding tolerance.
- 04It runs only when your filing indicators mark P 01.02 or P 02.05 as reported.
- 05This 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
Liabilities (P 01.02)
Row
- 196Other long-term unsecured instruments
Column
- 030Planned Year 1 Position
Pricing: deposit and other liabilities (P 02.05)
Row
- 170Other long-term unsecured instruments
Column
- 020Planned Year 1 Position
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
if ({P_01.02,r196,c030,} != 0) then ({P_02.05,r170,c020,} != 0) else TrueOther rules on P 01.02
- Senior unsecured (HoldCo): if planned Year 1 Position in P 01.02 is not zero, planned Year 1 Position in P 02.05 cannot be zero (v08897_m)Warning
- Planned Year 1 Position: if total long-term secured debt securities issued is not zero, total long-term secured debt securities cannot be zero (v08899_m)Warning
- Senior non-preferred: if planned Year 1 Position in P 01.02 is not zero, planned Year 1 Position in P 02.05 cannot be zero (v08896_m)Warning
- Covered bonds: if planned Year 1 Position in P 01.02 is not zero, planned Year 1 Position in P 02.05 cannot be zero (v08900_m)Warning
- Subordinated instruments (not already T1 or T2): if planned Year 1 Position in P 01.02 is not zero, planned Year 1 Position in P 02.05 cannot be zero (v08895_m)Warning
- Asset backed securities: if planned Year 1 Position in P 01.02 is not zero, planned Year 1 Position in P 02.05 cannot be zero (v08901_m)Warning
- Tier 2 instruments: if planned Year 1 Position in P 01.02 is not zero, planned Year 1 Position in P 02.05 cannot be zero (v08894_m)Warning
- Planned Year 1 Position: if other long-term secured debt securities is not zero, other secured debt securities cannot be zero (v08902_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.