The rule in plain words
Performing must equal these three added up:
- Instruments without significant increase in credit risk since initial recognition (Stage 1)
- Instruments with significant increase in credit risk since initial recognition but not credit-impaired (Stage 2)
- Purchased or originated credit-impaired financial assets
It applies only when accounting framework in F 00.01 is Ifrs.
All the values are in the cash balances at central banks and other demand deposits row (0005) of F 18.00.a.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
Cash balances at central banks and other demand deposits, Performing = Cash balances at central banks and other demand deposits, Of which: Instruments without significant increase in credit risk since initial recognition (Stage 1) + Cash balances at central banks and other demand deposits, Of which: Instruments with significant increase in credit risk since initial recognition but not credit-impaired (Stage 2) + Cash balances at central banks and other demand deposits, Of which: purchased or originated credit-impaired financial assets
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Add up the parts in your file and compare the result with the total.
- 03If they differ, a part is missing, a value sits in the wrong column, or the total is out of date.
- 04EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 05It applies only when accounting framework in F 00.01 is Ifrs.
- 06It runs only when your filing indicators mark F 18.00 and F 00.01 as reported.
- 07This 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
Information on performing and non-performing exposures (I) (F 18.00.a)
Row
- 0005Cash balances at central banks and other demand deposits
Columns
- 0020Performing
- 0056Of which: Instruments without significant increase in credit risk since initial recognition (Stage 1)
- 0057Of which: Instruments with significant increase in credit risk since initial recognition but not credit-impaired (Stage 2)
- 0058Of which: purchased or originated credit-impaired financial assets
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
if ({F_00.01,r0010,c0010,} = {{[eba_qAS:qx2004]}}) then (({F_18.00.a,r0005,c0020,} = {F_18.00.a,r0005,c0056,} + {F_18.00.a,r0005,c0057,} + {F_18.00.a,r0005,c0058,})) else TrueOther rules on F 18.00.a
- Non-performing cannot be less than the sum of three columns (v10611_m)Warning
- Cash balances at central banks and other demand deposits: non-performing must equal non-performing gross carrying amount (all sheets added up) (v10679_m)Warning
- A calculation check across information on performing and non-performing exposures, and geographical breakdown of assets (F 20.04, v10680_m)Warning
- Cash balances at central banks and other demand deposits in F 18.00.a must equal cash balances at central banks and other demand deposits in F 20.04 (all sheets added up) (v10681_m)Warning
- Non-financial corporations must equal the sum of its two parts (v10207_h)Warning
- Purchased or originated credit-impaired financial assets cannot be more than non-performing (v09598_m)Warning
- Loans and advances: an upper-limit check across information on performing and non-performing exposures (F 18.00.d, F 18.00.c, F 18.00.b, row 0193, v11909_m)Warning
- Loans and advances: an upper-limit check across information on performing and non-performing exposures (F 18.00.d, F 18.00.c, F 18.00.b, row 0194, v11910_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.