The rule in plain words
These three added up, all for selected financial assets recognised in the reporting institution's balance sheet cannot be more than total, carrying amount of financial assets recognised in the balance sheet:
- Securitisation special purpose entities
- Asset management
- Other activities
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
F_30.02: Selected financial assets recognised in the reporting institution's balance sheet, Securitisation Special Purpose Entities + F_30.02: Selected financial assets recognised in the reporting institution's balance sheet, Asset management + F_30.02: Selected financial assets recognised in the reporting institution's balance sheet, Other activities <= F_30.01: Total, Carrying amount of financial assets recognised in the balance sheet
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 30.01 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
Interests in unconsolidated structured entities (F 30.01)
Row
- 0010Total
Column
- 0010Carrying amount of financial assets recognised in the balance sheet
Breakdown of interests in unconsolidated structured entities by nature of the activities (F 30.02)
Row
- 0010Selected financial assets recognised in the reporting institution's balance sheet
Columns
- 0010Securitisation Special Purpose Entities
- 0020Asset management
- 0030Other activities
A worked example
The first of its checks, with simple numbers.
Total, carrying amount of financial assets recognised in the balance sheet must then be at least 2,450.
A file that reports 2,450 passes. One that reports 2,350 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}.
sum({F_30.02,r0010,c0010,},{F_30.02,r0010,c0020,},{F_30.02,r0010,c0030,}) <= {F_30.01,r0010,c0010,}Other rules on F 30.01
- Total, nominal amount off-balance sheet exposures given by the reporting entity must equal the sum of its three parts (v1018_m)Warning
- Total, liquidity support drawn must equal the sum of its six parts (v1019_m)Warning
- The sum of nine cells cannot be more than total, carrying amount of financial liabilities recognised in the balance sheet (v1020_m)Warning
- If liquidity support drawn is not zero, fair value of liquidity support drawn cannot be zero (v0998_m)Warning
- Nominal amount of loan commitments given cannot be more than nominal amount off-balance sheet exposures given by the reporting entity (v0997_m)Warning
- Liquidity support drawn cannot be more than carrying amount of financial assets recognised in the balance sheet (v0996_m)Warning
- Total cannot be negative (v3972_s)Warning
- Total, losses incurred by the reporting institution in the current period cannot be more than zero (v5701_s)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.