The rule in plain words

For derivatives – hedge accounting: carrying amount must equal these three added up:

Level 1
Level 2
Level 3

It applies only when accounting framework in F 00.01 is Ifrs.

How the Line4 Check report words itShow

Word for word as the report shows it when the rule fails.

F_14.00: Derivatives – Hedge accounting, Level 1 + F_14.00: Derivatives – Hedge accounting, Level 2 + F_14.00: Derivatives – Hedge accounting, Level 3 = F_01.01: Derivatives – Hedge accounting

What to do if your filing fails it

01Open the templates 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03If they differ, a part is missing, a value sits in the wrong column, or the total is out of date.
04EBA allows a small rounding difference, worked out from the decimals each value is reported with.
05It applies only when accounting framework in F 00.01 is Ifrs.
06It runs only when your filing indicators mark F 01.01, F 14.00 and F 00.01 as reported.
07This 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

Balance sheet statement: assets (F 01.01)

Row

0240Derivatives – Hedge accounting

Column

0010Carrying amount

Fair value hierarchy: financial instruments at fair value (F 14.00)

Row

0140Derivatives – Hedge accounting

Columns

0010Level 1
0020Level 2
0030Level 3

Show the rule as writtenShow

EBA's formula. Cells are written as {template, row, column, sheet}.

if ({F_00.01,r0010,c0010,} = {{[eba_qAS:qx2004]}}) then (sum({F_14.00,r0140,c0010,},{F_14.00,r0140,c0020,},{F_14.00,r0140,c0030,}) = {F_01.01,r0240,c0010,}) else True

Every FINREP 9 rule, by template

Checks like this one, run at the point of submission, are the first step to real-time supervision.

Derivatives, hedge accounting, carrying amount must equal the sum of its three parts (F 01.01, EBA rule v0937_m)

The rule in plain words

What to do if your filing fails it

The cells it reads

Other rules on F 01.01