The rule in plain words
For RSF from interdependent assets: ≥ 6 months to < 1 year cannot be negative.
EBA checks it for 36 rows, from unencumbered or encumbered for a residual maturity of less than six months (0040) to other off-balance sheet exposures for which the competent authority has determined RSF factors (1090). That makes 36 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.
≥ 6 months to < 1 year: others >= 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 C 80.00 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
NSFR - required stable funding (I), total (C 80.00.a)
Rows
- 0040unencumbered or encumbered for a residual maturity of less than six months
- 0050encumbered for a residual maturity of at least six months but less than one year
- 0060encumbered for a residual maturity of one year or more
- 0070other non-HQLA central bank exposures
- 0580unencumbered or encumbered for a residual maturity of less than one year
- 0590encumbered for a residual maturity of one year or more
- 0610non-HQLA securities encumbered for a residual maturity of one year or more in a cover pool
- 0630operational deposits
- 0660unencumbered or encumbered for a residual maturity of less than six months
- 0670encumbered for a residual maturity of at least six months but less than one year
- 0680encumbered for a residual maturity of one year or more
- 0700unencumbered or encumbered for a residual maturity of less than six months
- 0710encumbered for a residual maturity of at least six months but less than one year
- 0720encumbered for a residual maturity of one year or more
- 0730other loans and advances to financial customers
- 0740assets encumbered for a residual maturity of one year or more in a cover pool
- 0770unencumbered or encumbered for a residual maturity of less than six months
- 0780encumbered for a residual maturity of at least six months but less than one year
- 0790encumbered for a residual maturity of one year or more
- 0820unencumbered or encumbered for a residual maturity of less than one year
- 0830encumbered for a residual maturity of one year or more
- 0840trade finance on-balance sheet products
- 0860centralised regulated savings
- 0870promotional loans and credit and liquidity facilities
- 0880eligible covered bonds
- 0890derivatives client clearing activities
- 0900others
- 0910RSF from assets within a group or an IPS if subject to preferential treatment
- 0960RSF from contributions to CCP default fund
- 1020non-performing assets
- 1030other assets
- 1050committed facilities within a group or an IPS if subject to preferential treatment
- 1060committed facilities
- 1070trade finance off-balance sheet items
- 1080non-performing off-balance sheet items
- 1090other off-balance sheet exposures for which the competent authority has determined RSF factors
Column
- 0100≥ 6 months to < 1 year
A worked example
The first of its checks, with simple numbers.
Others, ≥ 6 months to < 1 year must then be at least 0.
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, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.
{C_80.00.a,r0900,c0100,} >= 0The next five:
{C_80.00.a,r0790,c0100,} >= 0{C_80.00.a,r0780,c0100,} >= 0{C_80.00.a,r1020,c0100,} >= 0{C_80.00.a,r0890,c0100,} >= 0{C_80.00.a,r0960,c0100,} >= 0And 30 more, the same formula for the other cells it covers.
Other rules on C 80.00.a
- RSF from interdependent assets: < 6 months cannot be negative (v11534_s)Warning
- Loans to non-financial customers other than central banks where those loans are assigned a risk weight of 35% or less: ≥ 1 year cannot be negative (v11536_s)Warning
- Collateralized by level 1 assets eligible for 0% LCR haircut: ≥ 1 year cannot be negative (v11533_s)Warning
- Required stable funding cannot be negative (v11537_s)Warning
- RSF from central bank assets: ≥ 6 months to < 1 year cannot be negative (v11532_s)Warning
- Required stable funding: HQLA cannot be negative (v11538_s)Warning
- Required stable funding: < 6 months cannot be negative (v11531_s)Warning
- Cash, reserves and HQLA exposures to central banks: HQLA cannot be negative (v11539_s)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.