Line4

1 min readWarningEBA reporting framework 4.2Updated 10 November 2026

To be made up of Tier 1 capital cannot be more than pillar 2 guidance (P2G) to address risks of excessive leverage (EBA rule v10646_m)

A warning in the leverage ratio return (COREP LR), on template C 47.00, leverage ratio calculation.

Check your file against this ruleWhat to do if it fails

The rule in plain words

To be made up of Tier 1 capital cannot be more than pillar 2 guidance (P2G) to address risks of excessive leverage.

All the values are in the amount / ratio column (0010) of C 47.00.

How the Line4 Check report words itShow

Word for word as the report shows it when the rule fails.

of which: to be made up of Tier 1 capital <= Pillar 2 guidance (P2G) to address risks of excessive leverage

What to do if your filing fails it

  1. 01Open the template below and find the cells the rule reads.
  2. 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.
  3. 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
  4. 04It runs only when your filing indicators mark C 47.00 as reported.
  5. 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

Leverage ratio calculation (C 47.00)

Rows

  • 0380Pillar 2 guidance (P2G) to address risks of excessive leverage
  • 0400of which: to be made up of Tier 1 capital

Column

  • 0010Amount / Ratio

A worked example

The first of its checks, with simple numbers.

Illustrative values
to be made up of Tier 1 capital1,200
What the rule then expects

Pillar 2 guidance (P2G) to address risks of excessive leverage must then be at least 1,200.

1,200Passes
1,100Fails

A file that reports 1,200 passes. One that reports 1,100 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. Cells are written as {template, row, column, sheet}.

{C_47.00,r0400,c0010,} <= {C_47.00,r0380,c0010,}

Every COREP LR rule, by template

Checks like this one, run at the point of submission, are the first step to real-time supervision.