The rule in plain words
If total number of staff in FTE is reported, total remuneration (EUR) must be reported.
EBA checks it for six columns: investment banking, retail banking, asset management, corporate functions, independent control functions and all other staff. That makes six 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.
Investment banking: If Total number of staff in FTE is reported, then Total remuneration (EUR) is reported
What to do if your filing fails it
- 01Open the template 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.
- 03It runs only when your filing indicators mark R 01.00 as reported.
- 04This 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
- 0020Total number of staff in FTE
- 0040Total remuneration (EUR)
Columns
- 0030Investment banking
- 0040Retail banking
- 0050Asset management
- 0060Corporate functions
- 0070Independent control functions
- 0080All other staff
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}.
if (not(empty({R_01.00,r0020,c0030,}))) then (not(empty({R_01.00,r0040,c0030,}))) else TrueThe next five:
if (not(empty({R_01.00,r0020,c0060,}))) then (not(empty({R_01.00,r0040,c0060,}))) else Trueif (not(empty({R_01.00,r0020,c0070,}))) then (not(empty({R_01.00,r0040,c0070,}))) else Trueif (not(empty({R_01.00,r0020,c0080,}))) then (not(empty({R_01.00,r0040,c0080,}))) else Trueif (not(empty({R_01.00,r0020,c0040,}))) then (not(empty({R_01.00,r0040,c0040,}))) else Trueif (not(empty({R_01.00,r0020,c0050,}))) then (not(empty({R_01.00,r0040,c0050,}))) else TrueOther rules on R 01.00
- If total remuneration is reported, total number of staff in FTE must be reported (v09298_m)Warning
- Total net profit in year N, total must be reported (v09273_m)Warning
- Total dividends (or similar distributions) paid for year N, total cannot be negative (v09228_s)Warning
- None of the eight values it checks in general information and information on remuneration of all staff can be negative (v09226_s)Warning
- Total remuneration cannot be less than variable remuneration (v09194_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.