The rule in plain words
Loans and advances, financial guarantees received cannot be more than financial guarantees received, maximum amount of the guarantee that can be considered.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
F_13.01: Loans and advances, Financial guarantees received <= F_09.02: Financial guarantees received, Maximum amount of the guarantee that can be considered
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 13.01 and F 09.02 as reported.
- 05This is a blocking check. A filing that fails it is normally rejected, so fix it before you submit.
The cells it reads
Loan commitments, financial guarantees and other commitments received (F 09.02)
Row
- 0080Financial guarantees received
Column
- 0010Maximum amount of the guarantee that can be considered
Breakdown of collateral and guarantees by loans and advances other than held for trading (F 13.01)
Row
- 0010Loans and advances
Column
- 0050Financial guarantees received
A worked example
The first of its checks, with simple numbers.
Financial guarantees received, maximum amount of the guarantee that can be considered must then be at least 1,200.
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 writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{F_13.01,r0010,c0050,} <= {F_09.02,r0080,c0010,}Other rules on F 09.02
- An upper-limit check across related parties and loan commitments (F 31.01, v1036_m)Warning
- Other commitments received must equal the sum of its six parts (v0841_m)Blocking
- Financial guarantees received must equal the sum of its six parts (v0840_m)Blocking
- Loan commitments received must equal the sum of its six parts (v0839_m)Blocking
- The sum of four cells cannot be more than financial guarantees received, maximum amount of the guarantee that can be considered (v3078_m)Warning
- The sum of three rows cannot be more than financial guarantees received, maximum amount of the guarantee that can be considered (v3130_m)Warning
- Nominal amount cannot be negative (v3928_s)Blocking
- Maximum amount of the guarantee that can be considered cannot be negative (v3929_s)Blocking
Every FINREP 9 rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.