Line4

1 min readWarningEBA reporting framework 4.2Updated 10 November 2026

Commodity risk cannot be less than electricity (EBA rule v09828_m)

A warning in the own funds and capital requirements return (COREP own funds), on template C 34.04, cCR exposures treated with the original exposure method (OEM) (CCR 4).

Check your file against this ruleWhat to do if it fails

The rule in plain words

Commodity risk cannot be less than electricity.

EBA checks it for four columns: number of transactions, notional amounts, current market value (CMV), positive and potential future exposure (PFE). That makes four checks. A failure names the one that failed.

How the Line4 Check report words itShow

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.

Notional amounts: Commodity risk >= Of which: electricity

What to do if your filing fails it

  1. 01Open the template below and find the cells the rule reads.
  2. 02Compare the values in your file. If the first is smaller than it may be, one of them is wrong: check both before you change either.
  3. 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
  4. 04It runs only when your filing indicators mark C 34.04 as reported.
  5. 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

CCR exposures treated with the original exposure method (OEM) (CCR 4) (C 34.04)

Rows

  • 0060Commodity risk
  • 0070Of which: electricity

Columns

  • 0010Number of transactions
  • 0020Notional amounts
  • 0030Current market value (CMV), positive
  • 0050Potential future exposure (PFE)

A worked example

The first of its checks, with simple numbers.

Illustrative values
Commodity risk1,200
What the rule then expects

Electricity can then be at most 1,200.

1,200Passes
1,300Fails

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 writtenShow

EBA's formula, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.

{C_34.04,r0060,c0020,} >= {C_34.04,r0070,c0020,}

The next three:

{C_34.04,r0060,c0010,} >= {C_34.04,r0070,c0010,}{C_34.04,r0060,c0050,} >= {C_34.04,r0070,c0050,}{C_34.04,r0060,c0030,} >= {C_34.04,r0070,c0030,}

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.