Line4

1 min readSwitched off by EBAEBA reporting framework 4.2Updated 10 November 2026

Eligible liabilities and guarantees must equal the sum of its four parts (EBA rule v10777_m)

A check in the loss-absorbing capacity return (MREL and TLAC), on template M 03.00, internal MREL and internal TLAC (ILAC).

EBA switched this rule off in its 4.2 severity package (January 2026), so it does not run on reporting framework 4.2 filings. EBA's list of validation rules of 12 October 2026 still has it switched off. Line4 Check does not run it either.

The rule in plain words

Eligible liabilities and guarantees must equal these four added up:

  • Eligible liabilities (excluding guarantees)
  • (-) own eligible liabilities instruments: Unused prior permission amounts
  • (-) own funds instruments and eligible liabilities instruments issued by non-resolution entities of the same resolution group
  • Excess of deductions from eligible liabilities over eligible liabilities

All the values are in the internal TLAC column (0020) of M 03.00.

The template it checks

Internal MREL and internal TLAC (ILAC) (M 03.00)

Rows

  • 0250Eligible liabilities and guarantees
  • 0260Eligible liabilities (excluding guarantees)
  • 0265(-) Own eligible liabilities instruments: Unused prior permission amounts
  • 0290(-) Own funds instruments and eligible liabilities instruments issued by non-resolution entities of the same resolution group
  • 0295Excess of deductions from eligible liabilities over eligible liabilities

Column

  • 0020Internal TLAC
Show the rule as writtenShow

EBA's formula. Cells are written as {template, row, column, sheet}.

{M_03.00,r0250,c0020,} = {M_03.00,r0260,c0020,} + {M_03.00,r0265,c0020,} + {M_03.00,r0290,c0020,} + {M_03.00,r0295,c0020,}

Every MREL and TLAC rule, by template

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