The rule in plain words
None of the values it checks in general information and information on remuneration of all staff can be negative.
EBA checks it for two columns: MB supervisory function and MB management function. And for four rows: number of members (headcount), total remuneration (EUR), variable remuneration (EUR) and fixed remuneration (EUR). That makes eight 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.
MB Management function: Number of members (Headcount) >= 0
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Look for a value with the wrong sign in these cells, such as an amount entered as a negative number.
- 03EBA compares the values exactly here: there is no rounding tolerance.
- 04It runs only when your filing indicators mark R 01.00 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
General information and information on remuneration of all staff (R 01.00)
Rows
- 0010Number of members (Headcount)
- 0040Total remuneration (EUR)
- 0050Of which: variable remuneration (EUR)
- 0060Of which: fixed remuneration (EUR)
Columns
- 0010MB Supervisory function
- 0020MB Management function
A worked example
The first of its checks, with simple numbers.
Number of members (headcount), MB management function must then be at least 0.
A file that reports 0 passes. One that reports -100 fails, by 100.
The numbers are illustrative.
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}.
{R_01.00,r0010,c0020,} >= 0The next five:
{R_01.00,r0060,c0020,} >= 0{R_01.00,r0040,c0010,} >= 0{R_01.00,r0040,c0020,} >= 0{R_01.00,r0050,c0010,} >= 0{R_01.00,r0050,c0020,} >= 0And 2 more, the same formula for the other cells it covers.
Other rules on R 01.00
- Total dividends (or similar distributions) paid for year N, total cannot be negative (v09228_s)Warning
- Total remuneration cannot be less than variable remuneration (v09194_m)Warning
- Total net profit in year N, total must be reported (v09273_m)Warning
- If total remuneration is reported, total number of staff in FTE must be reported (v09298_m)Warning
- If total number of staff in FTE is reported, total remuneration must be reported (v09299_m)Warning
- None of the 28 values it checks in general information and information on remuneration of all staff can be negative (v12138_s)Warning
- Number of members (headcount), MB supervisory function must be reported (v12442_e)Warning
- Number of members (headcount), MB management function must be reported (v12443_e)Warning
Every REM benchmarking rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.