The rule in plain words
Required stable funding must equal these ten added up:
- RSF from central bank assets
- RSF from liquid assets
- RSF from securities other than liquid assets
- RSF from loans
- RSF from interdependent assets
- RSF from assets within a group or an IPS if subject to preferential treatment
- RSF from contributions to CCP default fund
- RSF from other assets
- RSF from OBS items
- RSF from derivatives
All the values are in the amount column (0010).
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
C_84.00.C: REQUIRED STABLE FUNDING, Amount = C_84.00.A: RSF from central bank assets, Amount + C_84.00.A: RSF from liquid assets, Amount + C_84.00.A: RSF from securities other than liquid assets, Amount + C_84.00.A: RSF from loans, Amount + C_84.00.A: RSF from interdependent assets, Amount + C_84.00.A: RSF from assets within a group or an IPS if subject to preferential treatment, Amount + C_84.00.A: RSF from contributions to CCP default fund, Amount + C_84.00.A: RSF from other assets, Amount + C_84.00.A: RSF from OBS items, Amount + C_84.00.B: RSF from derivatives, Amount
What to do if your filing fails it
- 01Open the templates below and find the cells the rule reads.
- 02Add up the parts in your file and compare the result with the total.
- 03If they differ, a part is missing, a value sits in the wrong row, or the total is out of date.
- 04EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 05It runs only when your filing indicators mark C 84.00 as reported.
- 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
NSFR - Summary.Total (I) (C 84.00.a)
Rows
- 0020RSF from central bank assets
- 0030RSF from liquid assets
- 0040RSF from securities other than liquid assets
- 0050RSF from loans
- 0060RSF from interdependent assets
- 0070RSF from assets within a group or an IPS if subject to preferential treatment
- 0090RSF from contributions to CCP default fund
- 0100RSF from other assets
- 0110RSF from OBS items
Column
- 0010Amount
NSFR - Summary.Total (II) (C 84.00.b)
Row
- 0080RSF from derivatives
Column
- 0010Amount
NSFR - Summary.Total (III) (C 84.00.c)
Row
- 0010REQUIRED STABLE FUNDING
Column
- 0010Amount
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{C_84.00.c,r0010,c0010,} = {C_84.00.a,r0020,c0010,} + {C_84.00.a,r0030,c0010,} + {C_84.00.a,r0040,c0010,} + {C_84.00.a,r0050,c0010,} + {C_84.00.a,r0060,c0010,} + {C_84.00.a,r0070,c0010,} + {C_84.00.a,r0090,c0010,} + {C_84.00.a,r0100,c0010,} + {C_84.00.a,r0110,c0010,} + {C_84.00.b,r0080,c0010,}Other rules on C 84.00.a
- Available stable funding, available stable funding must equal required stable funding, required stable funding times NSFR, ratio (C 84.00.d, v11365_m)Warning
- None of the 18 values it checks in NSFR: Summary.Total (I) can be negative (v11582_s)Warning
- NSFR, ratio cannot be negative (v11583_s)Warning
- Required stable funding must equal the sum of its ten parts (C 84.00.c, row 0010, v11666_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.