The rule in plain words
Financial liabilities designated at fair value through profit or loss must equal debt securities issued.
All the values are in the level 1 column (0060) of F 14.00.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
Level 1: Financial liabilities designated at fair value through profit or loss = Debt securities issued
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02The two values must be the same. Find which of the two is right, and correct the other one.
- 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 04It runs only when your filing indicators mark F 14.00 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
Fair value hierarchy: financial instruments at fair value (F 14.00)
Rows
- 0210Financial liabilities designated at fair value through profit or loss
- 0230Debt securities issued
Column
- 0060Level 1
A worked example
The first of its checks, with simple numbers.
Debt securities issued must then be 1,200.
A file that reports 1,200 passes. One that reports 1,300 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_14.00,r0210,c0060,} = {F_14.00,r0230,c0060,}Other rules on F 14.00
- Financial liabilities held for trading must equal the sum of its five parts (v0921_m)Warning
- Financial liabilities designated at fair value through profit or loss must equal the sum of its three parts (v0923_m)Warning
- Financial liabilities held for trading must equal the sum of its three parts (v0920_m)Warning
- Financial assets designated at fair value through profit or loss must equal the sum of its three parts (v0917_m)Warning
- Financial assets designated at fair value through profit or loss must equal the sum of its two parts (v0916_m)Warning
- Financial assets held for trading must equal the sum of its four parts (row 0010, v0915_m)Warning
- Financial assets held for trading must equal the sum of its three parts (v0914_m)Warning
- None of the 144 values it checks in fair value hierarchy can be negative (v3943_s)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.