The rule in plain words
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 plus > 3 and <= 4 years after classification as NPE.
All the values are in the >3 years <=4 years column (0040) of C 35.03.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
>3 years <=4 years: Part of NPEs secured by immovable property or residential loan guaranteed by an eligible protection provider Breakdown by point in time of = > 2 and <= 3 years after classification as NPE + > 3 and <= 4 years after classification as NPE
What to do if your filing fails it
- 01Open the template 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- 03If they differ, a part is missing, a value sits in the wrong row, or the total is out of date.
- 04EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 05It runs only when your filing indicators mark C 35.03 as reported.
- 06This 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
- 0070Part of NPEs secured by immovable property or residential loan guaranteed by an eligible protection provider Breakdown by point in time of
- 0080> 2 and <= 3 years after classification as NPE
- 0090> 3 and <= 4 years after classification as NPE
Column
- 0040>3 years <=4 years
A worked example
The first of its checks, with simple numbers.
Part of NPEs secured by immovable property or residential loan guaranteed by an eligible protection provider Breakdown by point in time of must then be 2,000.
A file that reports 2,000 passes. One that reports 2,100 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,r0070,c0040,} = {C_35.03,r0080,c0040,} + {C_35.03,r0090,c0040,}Other rules on C 35.03
- 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
- 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
- Exposure value must equal the sum of its three parts (v09729_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 four parts (v09733_m)Warning
- 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 (v09728_m)Warning
- Part of NPEs secured by other funded or unfunded credit protection Breakdown by point in time of granting the first forbearance measure must equal > 2 and <= 3 years after classification as NPE (v09734_m)Warning
- Total minimum coverage requirement must equal the sum of its three parts (v09727_m)Warning
- Part of NPEs secured by other funded or unfunded credit protection Breakdown by point in time of granting the first forbearance measure must equal the sum of its two parts (v09735_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.