Line4

2 min readWarningEBA reporting framework 4.2Updated 10 November 2026

Amount eligible for MREL / internal MREL cannot be negative (EBA rule v10842_s)

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

Amount eligible for MREL / internal MREL cannot be negative.

EBA checks it for 29 rows, from eligible liabilities (0100) to eligible liabilities issued by subsidiaries (0830). That makes 29 checks. A failure names the one that failed.

How the Line4 Check report words itShow

The first of its checks, word for word as the report shows it when it fails. The others read the same, with their own column, row or sheet.

Of which: residual maturity >= 2 years >= 0

What to do if your filing fails it

  1. 01Open the template below and find the cells the rule reads.
  2. 02Look for a value with the wrong sign in these cells, such as an amount entered as a negative number.
  3. 03EBA compares the values exactly here: there is no rounding tolerance.
  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

  • 0100Eligible liabilities
  • 0200Deposits, not covered and not preferential >= 1 year
  • 0210Of which: residual maturity >= 1 year and < 2 years
  • 0220Of which: residual maturity >= 2 years
  • 0230Of which: issued by subsidiaries
  • 0300Uncollateralized secured liabilities >= 1 year
  • 0310Of which: residual maturity >= 1 year and < 2 years
  • 0320Of which: residual maturity >= 2 years
  • 0330Of which: issued by subsidiaries
  • 0400Structured notes >= 1 year
  • 0410Of which: residual maturity >= 1 year and < 2 years
  • 0420Of which: residual maturity >= 2 years
  • 0430Of which: issued by subsidiaries
  • 0500Senior unsecured liabilities >= 1 year
  • 0510Of which: residual maturity >= 1 year and < 2 years
  • 0520Of which: residual maturity >= 2 years
  • 0530Of which: issued by subsidiaries
  • 0600Senior non-preferred liabilities >= 1 year
  • 0610Of which: residual maturity >= 1 year and < 2 years
  • 0620Of which: residual maturity >= 2 years
  • 0630Of which: issued by subsidiaries
  • 0700Subordinated liabilities (not recognised as own funds) >= 1 year
  • 0710Of which: residual maturity >= 1 year and < 2 years
  • 0720Of which: residual maturity >= 2 years
  • 0730Of which: issued by subsidiaries
  • 0800Other MREL eligible liabilities >= 1 year
  • 0810Of which: residual maturity >= 1 year and < 2 years
  • 0820Of which: residual maturity >= 2 years
  • 0830Of which: issued by subsidiaries

Column

  • 0010Amount eligible for MREL / internal MREL

A worked example

The first of its checks, with simple numbers.

What the rule then expects

Residual maturity >= 2 years must then be at least 0.

0Passes
-100Fails

A file that reports 0 passes. One that reports -100 fails, by 100.

The numbers are illustrative.

Show the rule as writtenShow

EBA's formula, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.

{M_04.00,r0720,c0010,} >= 0

The next five:

{M_04.00,r0330,c0010,} >= 0{M_04.00,r0710,c0010,} >= 0{M_04.00,r0410,c0010,} >= 0{M_04.00,r0510,c0010,} >= 0{M_04.00,r0600,c0010,} >= 0

And 23 more, the same formula for the other cells it covers.

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.