The rule in plain words
None of the values it checks in NSFR: required stable funding (II) can be negative.
EBA checks it for four columns: ≥ 6 months to < 1 year (0020), ≥ 1 year (0030), ≥ 6 months to < 1 year (0100) and ≥ 1 year (0110). And for two rows: RSF from derivatives and initial margin posted. That makes eight 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.
≥ 1 year: RSF from derivatives >= 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 (II), significant currencies (C 80.00.y)
Rows
- 0920RSF from derivatives
- 0950initial margin posted
Columns
- 0020≥ 6 months to < 1 year
- 0030≥ 1 year
- 0100≥ 6 months to < 1 year
- 0110≥ 1 year
A worked example
The first of its checks, with simple numbers.
RSF from derivatives, ≥ 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.y,r0920,c0030,} >= 0The next five:
{C_80.00.y,r0950,c0020,} >= 0{C_80.00.y,r0950,c0100,} >= 0{C_80.00.y,r0920,c0110,} >= 0{C_80.00.y,r0950,c0030,} >= 0{C_80.00.y,r0920,c0020,} >= 0And 2 more, the same formula for the other cells it covers.
Other rules on C 80.00.y
- None of the twelve values it checks in NSFR: required stable funding (II) can be negative (v11598_s)Warning
- Initial margin posted cannot be negative (v11600_s)Warning
- RSF from derivatives, amount must equal the sum of its four parts (C 84.00.y, v11414_m)Warning
- RSF from derivatives must equal initial margin posted (v11354_m)Warning
- RSF from derivatives must equal the sum of its three parts (v10126_m)Warning
- Required stable funding must equal a sum of four terms (v10111_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.