The rule in plain words
(-) intragroup part of the annual gross revenue cannot be more than zero.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
(-) Intragroup part of the annual gross revenue <= 0
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Look for a value with the wrong sign in these cells, such as an amount entered as a negative number.
- 03EBA compares the values exactly here: there is no rounding tolerance.
- 04It runs only when your filing indicators mark I 05.00 as reported.
- 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
Level of activity - thresholds review (I 05.00)
Row
- 0130(-) Intragroup part of the annual gross revenue
Column
- 0010Amount
A worked example
The first of its checks, with simple numbers.
What the rule then expects
(-) intragroup part of the annual gross revenue can then be at most 0.
0Passes
100Fails
A file that reports 0 passes. One that reports 100 fails, by 100.
The numbers are illustrative.
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{I_05.00,r0130,c0010,} <= 0Other rules on I 05.00
- Revenue from reception and transmission of orders cannot be more than combined total annual gross revenue (v11146_m)Warning
- Revenue from execution of orders cannot be more than combined total annual gross revenue (v11147_m)Warning
- Revenue from dealing on own account cannot be more than combined total annual gross revenue (v11148_m)Warning
- Revenue from portfolio management cannot be more than combined total annual gross revenue (v11149_m)Warning
- Revenue from investment advice cannot be more than combined total annual gross revenue (v11150_m)Warning
- Revenue from underwriting of financial instruments or placing on a firm commitment basis cannot be more than combined total annual gross revenue (v11151_m)Warning
- Revenue from placing without a firm commitment basis cannot be more than combined total annual gross revenue (v11152_m)Warning
- Revenue from operation of an MTF cannot be more than combined total annual gross revenue (v11153_m)Warning
Every IFR class 2 rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.