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1 min readWarningEBA reporting framework 4.2Updated 10 November 2026

Deposits, not covered and not preferential >= 1 year cannot be less than eligible liabilities issued by subsidiaries (EBA rule v10797_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

Deposits, not covered and not preferential >= 1 year cannot be less than eligible liabilities issued by subsidiaries.

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.

Deposits, not covered and not preferential >= 1 year >= Of which: issued by subsidiaries

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 smaller 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 M 04.00 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

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

Rows

  • 0200Deposits, not covered and not preferential >= 1 year
  • 0230Of which: issued by subsidiaries

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
What the rule then expects

Eligible liabilities issued by subsidiaries can then be at most 1,200.

1,200Passes
1,300Fails

A file that reports 1,200 passes. One that reports 1,300 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,r0200,c0010,} >= {M_04.00,r0230,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.