The rule in plain words
< 1 year cannot be negative.
EBA checks it for three rows: required stable funding for derivative liabilities, NSFR derivative assets and initial margin posted. That makes three 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: NSFR derivative assets >= 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 82.00 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 - simplified required stable funding (II), total (C 82.00.b)
Rows
- 0350required stable funding for derivative liabilities
- 0360NSFR derivative assets
- 0370initial margin posted
Column
- 0070< 1 year
A worked example
The first of its checks, with simple numbers.
NSFR derivative assets, < 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_82.00.b,r0360,c0070,} >= 0The next two:
{C_82.00.b,r0370,c0070,} >= 0{C_82.00.b,r0350,c0070,} >= 0Other rules on C 82.00.b
- ≥ 1 year cannot be negative (v11611_s)Warning
- Initial margin posted cannot be negative (v11613_s)Warning
- None of the eight values it checks in NSFR: simplified required stable funding (II) can be negative (v11610_s)Warning
- RSF from derivatives, amount must equal the sum of its three parts (C 84.00.b, v11415_m)Warning
- RSF from derivatives must equal initial margin posted (v11361_m)Warning
- RSF from derivatives must equal the sum of its three parts (v10050_m)Warning
- Required stable funding must equal < 1 year (column 0010) times < 1 year (column 0070) plus ≥ 1 year (column 0020) times ≥ 1 year (column 0080) plus HQLA (column 0030) times HQLA (column 0090) (v10020_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.