The rule in plain words
Exposure value must equal unsecured part of NPEs first forbearance measure applied between 1 year and 2 years after classification as non-performing (>1 year; <=2 yea.
All the values are in the >1 year <=2 years column (0020) of C 35.03.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
>1 year <=2 years: Exposure value = Unsecured part of NPEs First forbearance measure applied between 1 year and 2 years after classification as non-performing (>1 year; <=2 yea
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 C 35.03 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
Rows
- 0050Exposure value
- 0060Unsecured part of NPEs First forbearance measure applied between 1 year and 2 years after classification as non-performing (>1 year; <=2 yea
Column
- 0020>1 year <=2 years
A worked example
The first of its checks, with simple numbers.
Unsecured part of NPEs first forbearance measure applied between 1 year and 2 years after classification as non-performing (>1 year; <=2 yea 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}.
{C_35.03,r0050,c0020,} = {C_35.03,r0060,c0020,}Other rules on C 35.03
- Total minimum coverage requirement must equal the sum of its three parts (v09727_m)Warning
- Exposure value must equal the sum of its three parts (v09729_m)Warning
- Total must equal the sum of its five parts (v09726_m)Warning
- Part of NPEs secured by immovable property or residential loan guaranteed by an eligible protection provider Breakdown by point in time of must equal > 2 and <= 3 years after classification as NPE (v09730_m)Warning
- Total must equal the sum of its six parts (v09725_m)Warning
- Part of NPEs secured by immovable property or residential loan guaranteed by an eligible protection provider Breakdown by point in time of must equal the sum of its two parts (v09731_m)Warning
- Total must equal the sum of its eight parts (v09724_m)Warning
- Part of NPEs secured by immovable property or residential loan guaranteed by an eligible protection provider Breakdown by point in time of must equal the sum of its three parts (v09732_m)Warning
Every COREP own funds rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.