The rule in plain words
Institution specific countercyclical capital buffer, amount must equal institution-specific countercyclical capital buffer rate, percentage times total risk exposure amount, TREA.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
C_04.00: Institution specific countercyclical capital buffer = C_09.04: Institution-specific countercyclical capital buffer rate, Percentage × C_02.00.A: TOTAL RISK EXPOSURE AMOUNT, TREA
What to do if your filing fails it
- 01Open the templates 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 04.00, C 02.00 and C 09.04 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
Capital adequacy - risk exposure amounts (C 02.00.a)
Row
- 0010TOTAL RISK EXPOSURE AMOUNT
Column
- 0010TREA
Capital adequacy - Memorandum items (C 04.00)
Row
- 0770Institution specific countercyclical capital buffer
Column
- 0010Amount
Row
- 0140Institution-specific countercyclical capital buffer rate
Column
- 0020Percentage
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{C_04.00,r0770,c0010,} = {C_09.04,r0140,c0020,} * {C_02.00.a,r0010,c0010,}Other rules on C 02.00.a
- Other items cannot be less than software assets accounted for as intangible assets (v11505_m)Warning
- Other non credit-obligation assets cannot be less than software assets accounted for as intangible assets (v11506_m)Warning
- Capital conservation buffer must equal 0.025 times total risk exposure amount (v8714_m)Warning
- Additional stricter prudential requirements cannot be more than internal ratings based approach(IRB) (row 0242, v7481_m)Warning
- Additional stricter prudential requirements cannot be more than internal ratings based approach(IRB) (row 0241, v7480_m)Warning
- Additional stricter prudential requirements cannot be more than standardised approach (SA) (v7479_m)Warning
- A check on capital adequacy: risk exposure amounts, capital adequacy: ratios and capital adequacy: Memorandum items (C 03.00, C 04.00, v6264_m)Not run yet
- A check on capital adequacy: risk exposure amounts, capital adequacy: ratios and capital adequacy: Memorandum items (C 03.00, C 04.00, v6263_m)Not run yet
Every COREP own funds rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.