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1 min readWarningEBA reporting framework 4.2Updated 10 November 2026

Fair value must equal level 1 plus level 2 plus level 3 (EBA rule v1094_m)

A warning in the financial reporting return (FINREP 9), on template F 41.01, fair value hierarchy: financial instruments at amortised cost.

Check your file against this ruleWhat to do if it fails

The rule in plain words

Fair value must equal these three added up:

  • Level 1
  • Level 2
  • Level 3

EBA checks it for 19 rows, from financial assets at amortised cost (0015) to other financial liabilities (0104). That makes 19 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.

Equity instruments, Fair value = Equity instruments, Level 1 + Equity instruments, Level 2 + Equity instruments, Level 3

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  3. 03If they differ, a part is missing, a value sits in the wrong cell, or the total is out of date.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 F 41.01 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

Fair value hierarchy: financial instruments at amortised cost (F 41.01)

Rows

  • 0015Financial assets at amortised cost
  • 0016Debt securities
  • 0017Loans and advances
  • 0021Non-trading non-derivative financial assets measured at a cost-based method
  • 0022Equity instruments
  • 0023Debt securities
  • 0024Loans and advances
  • 0031Other non-trading non-derivative financial assets
  • 0032Equity instruments
  • 0033Debt securities
  • 0034Loans and advances
  • 0070Financial liabilities measured at amortised cost
  • 0080Deposits
  • 0090Debt securities issued
  • 0100Other financial liabilities
  • 0101Non-trading non-derivative financial liabilities measured at a cost-based method
  • 0102Deposits
  • 0103Debt securities issued
  • 0104Other financial liabilities

Columns

  • 0010Fair value
  • 0020Level 1
  • 0030Level 2
  • 0040Level 3

A worked example

The first of its checks, with simple numbers.

Illustrative values
Level 11,200
Level 2800
Level 3450
Together2,450
What the rule then expects

Fair value must then be 2,450.

2,450Passes
2,550Fails

A file that reports 2,450 passes. One that reports 2,550 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, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.

{F_41.01,r0022,c0010,} = {F_41.01,r0022,c0020,} + {F_41.01,r0022,c0030,} + {F_41.01,r0022,c0040,}

The next five:

{F_41.01,r0024,c0010,} = {F_41.01,r0024,c0020,} + {F_41.01,r0024,c0030,} + {F_41.01,r0024,c0040,}{F_41.01,r0090,c0010,} = {F_41.01,r0090,c0020,} + {F_41.01,r0090,c0030,} + {F_41.01,r0090,c0040,}{F_41.01,r0033,c0010,} = {F_41.01,r0033,c0020,} + {F_41.01,r0033,c0030,} + {F_41.01,r0033,c0040,}{F_41.01,r0102,c0010,} = {F_41.01,r0102,c0020,} + {F_41.01,r0102,c0030,} + {F_41.01,r0102,c0040,}{F_41.01,r0103,c0010,} = {F_41.01,r0103,c0020,} + {F_41.01,r0103,c0030,} + {F_41.01,r0103,c0040,}

And 13 more, the same formula for the other cells it covers.

Every FINREP 9 rule, by template

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