Line4

1 min readWarningEBA reporting framework 4.2Updated 10 November 2026

Exposures for trades at QCCPs (excluding initial margin and default fund contributions); of which must equal the sum of its four parts (EBA rule v09849_m)

A warning in the own funds and capital requirements return (COREP own funds), on template C 34.10, exposures to CCPs (CCR 10).

Check your file against this ruleWhat to do if it fails

The rule in plain words

Exposures for trades at QCCPs (excluding initial margin and default fund contributions); of which must equal these four added up:

  • OTC derivatives
  • Exchange-traded derivatives
  • SFTs
  • Netting sets where cross-product netting has been approved

EBA checks it for two columns: exposure value and risk weighted exposure amounts. That makes two 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.

Risk weighted exposure amounts: Exposures for trades at QCCPs (excluding initial margin and default fund contributions); of which = (i) OTC derivatives + (ii) Exchange-traded derivatives + (iii) SFTs + (iv) Netting sets where cross-product netting has been approved

What to do if your filing fails it

  1. 01Open the template below and find the cells the rule reads.
  2. 02Add up the parts in your file and compare the result with the total.
  3. 03If they differ, a part is missing, a value sits in the wrong cell, or the total is out of date.
  4. 04EBA allows a small rounding difference, worked out from the decimals each value is reported with.
  5. 05It runs only when your filing indicators mark C 34.10 as reported.
  6. 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

Exposures to CCPs (CCR 10) (C 34.10)

Rows

  • 0020Exposures for trades at QCCPs (excluding initial margin and default fund contributions); of which
  • 0030(i) OTC derivatives
  • 0040(ii) Exchange-traded derivatives
  • 0050(iii) SFTs
  • 0060(iv) Netting sets where cross-product netting has been approved

Columns

  • 0010Exposure value
  • 0020Risk weighted exposure amounts

A worked example

The first of its checks, with simple numbers.

Illustrative values
OTC derivatives1,200
exchange-traded derivatives800
SFTs450
netting sets where cross-product netting has been approved300
Together2,750
What the rule then expects

Exposures for trades at QCCPs (excluding initial margin and default fund contributions); of which must then be 2,750.

2,750Passes
2,850Fails

A file that reports 2,750 passes. One that reports 2,850 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_34.10,r0020,c0020,} = {C_34.10,r0030,c0020,} + {C_34.10,r0040,c0020,} + {C_34.10,r0050,c0020,} + {C_34.10,r0060,c0020,}

The next one:

{C_34.10,r0020,c0010,} = {C_34.10,r0030,c0010,} + {C_34.10,r0040,c0010,} + {C_34.10,r0050,c0010,} + {C_34.10,r0060,c0010,}

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.