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1 min readWarningEBA reporting framework 4.2Updated 10 November 2026

Eligible liabilities must equal the sum of its seven parts (EBA rule v10789_m)

A warning in the loss-absorbing capacity return (MREL and TLAC), on template M 04.00, funding structure of eligible liabilities (LIAB MREL).

Check your file against this ruleWhat to do if it fails

The rule in plain words

Eligible liabilities must equal these seven added up:

  • Deposits, not covered and not preferential >= 1 year
  • Uncollateralized secured liabilities >= 1 year
  • Structured notes >= 1 year
  • Senior unsecured liabilities >= 1 year
  • Senior non-preferred liabilities >= 1 year
  • Subordinated liabilities (not recognised as own funds) >= 1 year
  • Other MREL eligible liabilities >= 1 year

All the values are in the amount eligible for MREL / internal MREL column (0010) of M 04.00.

How the Line4 Check report words itShow

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

Eligible liabilities = Deposits, not covered and not preferential >= 1 year + Uncollateralized secured liabilities >= 1 year + Structured notes >= 1 year + Senior unsecured liabilities >= 1 year + Senior non-preferred liabilities >= 1 year + Subordinated liabilities (not recognised as own funds) >= 1 year + Other MREL eligible liabilities >= 1 year

What to do if your filing fails it

  1. 01Open the template below and find the cells the rule reads.
  2. 02Add up the parts in your file and compare the result with the total.
  3. 03If they differ, a part is missing, a value sits in the wrong row, or the total is out of date.
  4. 04EBA allows a small rounding difference, worked out from the decimals each value is reported with.
  5. 05It runs only when your filing indicators mark M 04.00 as reported.
  6. 06This 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

Funding structure of eligible liabilities (LIAB MREL) (M 04.00)

Rows

  • 0100Eligible liabilities
  • 0200Deposits, not covered and not preferential >= 1 year
  • 0300Uncollateralized secured liabilities >= 1 year
  • 0400Structured notes >= 1 year
  • 0500Senior unsecured liabilities >= 1 year
  • 0600Senior non-preferred liabilities >= 1 year
  • 0700Subordinated liabilities (not recognised as own funds) >= 1 year
  • 0800Other MREL eligible liabilities >= 1 year

Column

  • 0010Amount eligible for MREL / internal MREL

A worked example

The first of its checks, with simple numbers.

Illustrative values
Deposits, not covered and not preferential >= 1 year1,200
Uncollateralized secured liabilities >= 1 year800
Structured notes >= 1 year450
Senior unsecured liabilities >= 1 year300
Senior non-preferred liabilities >= 1 year150
Subordinated liabilities (not recognised as own funds) >= 1 year100
Other MREL eligible liabilities >= 1 year60
Together3,060
What the rule then expects

Eligible liabilities must then be 3,060.

3,060Passes
3,160Fails

A file that reports 3,060 passes. One that reports 3,160 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}.

{M_04.00,r0100,c0010,} = {M_04.00,r0200,c0010,} + {M_04.00,r0300,c0010,} + {M_04.00,r0400,c0010,} + {M_04.00,r0500,c0010,} + {M_04.00,r0600,c0010,} + {M_04.00,r0700,c0010,} + {M_04.00,r0800,c0010,}

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.