The rule in plain words
Required stable funding must equal < 1 year (column 0010) times < 1 year (column 0070) plus ≥ 1 year (column 0020) times ≥ 1 year (column 0080) plus HQLA (column 0030) times HQLA (column 0090).
EBA checks it for two rows: cash, reserves and HQLA exposures to central banks, and RSF from contributions to CCP default fund. That makes two checks. A failure names the one that failed.
How the Line4 Check report words itShowHide
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.
RSF from contributions to CCP default fund, Required stable funding = RSF from contributions to CCP default fund, Non-HQLA by maturity, < 1 year (column 0010) × RSF from contributions to CCP default fund, Non-HQLA by maturity, < 1 year (column 0070) + RSF from contributions to CCP default fund, Non-HQLA by maturity, ≥ 1 year (column 0020) × RSF from contributions to CCP default fund, Non-HQLA by maturity, ≥ 1 year (column 0080) + RSF from contributions to CCP default fund, Non-HQLA by maturity, HQLA (column 0030) × RSF from contributions to CCP default fund, Non-HQLA by maturity, HQLA (column 0090)
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Work out both sides from your file, as the rule in plain words sets out, and compare them.
- 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 82.00 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
NSFR - simplified required stable funding (I), total (C 82.00.a)
Rows
- 0030cash, reserves and HQLA exposures to central banks
- 0380RSF from contributions to CCP default fund
Columns
- 0010< 1 year
- 0020≥ 1 year
- 0030HQLA
- 0070< 1 year
- 0080≥ 1 year
- 0090HQLA
- 0100Required stable funding
Show the rule as writtenShowHide
EBA's formula, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.
{C_82.00.a,r0380,c0100,} = {C_82.00.a,r0380,c0010,} * {C_82.00.a,r0380,c0070,} + {C_82.00.a,r0380,c0020,} * {C_82.00.a,r0380,c0080,} + {C_82.00.a,r0380,c0030,} * {C_82.00.a,r0380,c0090,}The next one:
{C_82.00.a,r0030,c0100,} = {C_82.00.a,r0030,c0010,} * {C_82.00.a,r0030,c0070,} + {C_82.00.a,r0030,c0020,} * {C_82.00.a,r0030,c0080,} + {C_82.00.a,r0030,c0030,} * {C_82.00.a,r0030,c0090,}Other rules on C 82.00.a
- RSF from central bank assets must equal the sum of its two parts (v10051_m)Warning
- RSF from liquid assets must equal the sum of its four parts (v10052_m)Warning
- Level 2B assets eligible for 25-35% LCR haircut and shares or units in CIUs eligible for 30-55% LCR haircuts must equal the sum of its two parts (v10053_m)Warning
- RSF from securities other than liquid assets must equal the sum of its two parts (v10054_m)Warning
- RSF from loans must equal the sum of its three parts (v10055_m)Warning
- Loans to non-financials must equal the sum of its two parts (v10056_m)Warning
- Loans to financials must equal the sum of its two parts (v10057_m)Warning
- RSF from OBS items must equal the sum of its five parts (v10058_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.