The rule in plain words
Take these three added up, all for derivatives:
- Other activities
- Asset management
- Securitisation special purpose entities
The result cannot be more than these three added up:
- Derivatives, carrying amount (under financial assets held for trading)
- Derivatives – hedge accounting, carrying amount
- Derivatives, carrying amount (under trading financial assets)
The headline gives only the kind of check and the template, because the rule is too long to say in a headline. The plain words above say all of it.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
F_30.02: Derivatives, Other activities + F_30.02: Derivatives, Asset management + F_30.02: Derivatives, Securitisation Special Purpose Entities <= F_01.01: Financial assets held for trading, derivatives + F_01.01: Derivatives – Hedge accounting + F_01.01: Trading financial assets, derivatives
What to do if your filing fails it
- 01Open the templates below and find the cells the rule reads.
- 02Compare the values in your file. If the first is bigger than it may be, one of them is wrong: check both before you change either.
- 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 04It runs only when your filing indicators mark F 30.02 and F 01.01 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
Balance sheet statement: assets (F 01.01)
Rows
- 0060Derivatives
- 0092Derivatives
- 0240Derivatives – Hedge accounting
Column
- 0010Carrying amount
Breakdown of interests in unconsolidated structured entities by nature of the activities (F 30.02)
Row
- 0030Derivatives
Columns
- 0010Securitisation Special Purpose Entities
- 0020Asset management
- 0030Other activities
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
sum({F_30.02,r0030,c0030,},{F_30.02,r0030,c0020,},{F_30.02,r0030,c0010,}) <= sum({F_01.01,r0060,c0010,},{F_01.01,r0240,c0010,},{F_01.01,r0092,c0010,})Other rules on F 01.01
- Equity instruments: asset management plus other activities plus securitisation special purpose entities cannot be more than the sum of nine rows (v1004_m)Warning
- Debt securities: securitisation special purpose entities plus other activities plus asset management cannot be more than the sum of ten rows (v1005_m)Warning
- Loans and advances, asset management plus loans and advances, securitisation special purpose entities plus loans and advances, other activities cannot be more than the sum of twelve rows (v1006_m)Warning
- An upper-limit check across related parties and balance sheet statement: assets (F 31.01, row 0020, v1026_m)Warning
- An upper-limit check across related parties and balance sheet statement: assets (F 31.01, row 0030, v1028_m)Warning
- An upper-limit check across related parties and balance sheet statement: assets (F 31.01, row 0040, v1029_m)Warning
- Derivatives, hedge accounting, carrying amount must equal the sum of its three parts (v0937_m)Warning
- An upper-limit check across breakdown of collateral and guarantees, and balance sheet statement: assets (F 13.01, v1069_m)Warning
Every FINREP 9 rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.