The rule in plain words
Total funding must equal these four added up:
- Retail funding
- Unsecured wholesale funding
- Secured funding (non-central Bank)
- Other funding
EBA checks it for nine columns, from volume (0020) to volume (0180). That makes nine checks. A failure names the one that failed.
How the Line4 Check report words itShowHide
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.
Volume: Total Funding = Retail funding + Unsecured wholesale funding + Secured funding (non-Central Bank) + Other Funding
What to do if your filing fails it
- 01Open the template 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- 03If they differ, a part is missing, a value sits in the wrong cell, or the total is out of date.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 69.00 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
Prices for various lengths of funding, significant currencies (C 69.00.w)
Rows
- 0010Total Funding
- 0020Retail funding
- 0030Unsecured wholesale funding
- 0045Secured funding (non-Central Bank)
- 0080Other Funding
Columns
- 0020Volume
- 0040Volume
- 0060Volume
- 0080Volume
- 0100Volume
- 0120Volume
- 0140Volume
- 0160Volume
- 0180Volume
A worked example
The first of its checks, with simple numbers.
Total funding must then be 2,750.
A file that reports 2,750 passes. One that reports 2,850 fails, by 100.
The numbers are illustrative, reported to the unit, so the rounding tolerance does not change the result.
Show the rule as writtenShowHide
EBA's formula, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.
{C_69.00.w,r0010,c0080,} = {C_69.00.w,r0020,c0080,} + {C_69.00.w,r0030,c0080,} + {C_69.00.w,r0045,c0080,} + {C_69.00.w,r0080,c0080,}The next five:
{C_69.00.w,r0010,c0100,} = {C_69.00.w,r0020,c0100,} + {C_69.00.w,r0030,c0100,} + {C_69.00.w,r0045,c0100,} + {C_69.00.w,r0080,c0100,}{C_69.00.w,r0010,c0160,} = {C_69.00.w,r0020,c0160,} + {C_69.00.w,r0030,c0160,} + {C_69.00.w,r0045,c0160,} + {C_69.00.w,r0080,c0160,}{C_69.00.w,r0010,c0180,} = {C_69.00.w,r0020,c0180,} + {C_69.00.w,r0030,c0180,} + {C_69.00.w,r0045,c0180,} + {C_69.00.w,r0080,c0180,}{C_69.00.w,r0010,c0020,} = {C_69.00.w,r0020,c0020,} + {C_69.00.w,r0030,c0020,} + {C_69.00.w,r0045,c0020,} + {C_69.00.w,r0080,c0020,}{C_69.00.w,r0010,c0040,} = {C_69.00.w,r0020,c0040,} + {C_69.00.w,r0030,c0040,} + {C_69.00.w,r0045,c0040,} + {C_69.00.w,r0080,c0040,}And 3 more, the same formula for the other cells it covers.
Other rules on C 69.00.w
- Unsecured wholesale funding cannot be less than senior unsecured securities (v11476_m)Warning
- Total funding, 10 years: if volume is more than zero, spread must be reported (v10695_m)Warning
- Total funding, 5 years: if volume is more than zero, spread must be reported (v10694_m)Warning
- Total funding, 2 years: if volume is more than zero, spread must be reported (v10693_m)Warning
- Total funding, 1 year: if volume is more than zero, spread must be reported (v10692_m)Warning
- Total funding, 6 months: if volume is more than zero, spread must be reported (v10691_m)Warning
- Total funding, 3 months: if volume is more than zero, spread must be reported (v10690_m)Warning
- Unsecured wholesale funding: if volume is more than zero, spread must be reported (v10689_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.