The rule in plain words
For debt securities: collateral received on exposures with forbearance measures plus financial guarantees received on exposures with forbearance measures cannot be more than gross carrying amount / nominal amount of exposures with forbearance measures plus accumulated impairment, accumulated negative changes in fair value due to credit risk and provisions.
The headline gives only the kind of check and the template, because the rule is too long to say in a headline. The plain words above say all of it.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
F_19.00.E: Debt securities, Collateral received on exposures with forbearance measures + F_19.00.C: Debt securities, Financial guarantees received on exposures with forbearance measures <= F_19.00.A: Debt securities, Gross carrying amount / nominal amount of exposures with forbearance measures + F_19.00.B: Debt securities, Accumulated impairment, accumulated negative changes in fair value due to credit risk and provisions
What to do if your filing fails it
- 01Open the templates below and find the cells the rule reads.
- 02Compare the values in your file. If the first is bigger than it may be, one of them is wrong: check both before you change either.
- 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 04It runs only when your filing indicators mark F 19.00 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
Information on forborne exposures (I) (F 19.00.a)
Row
- 0010Debt securities
Column
- 0010Gross carrying amount / nominal amount of exposures with forbearance measures
Information on forborne exposures (II) (F 19.00.b)
Row
- 0010Debt securities
Column
- 0120Accumulated impairment, accumulated negative changes in fair value due to credit risk and provisions
Information on forborne exposures (III) (F 19.00.c)
Row
- 0010Debt securities
Column
- 0180Financial guarantees received on exposures with forbearance measures
Information on forborne exposures (V) (F 19.00.e)
Row
- 0010Debt securities
Column
- 0170Collateral received on exposures with forbearance measures
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{F_19.00.e,r0010,c0170,} + {F_19.00.c,r0010,c0180,} <= {F_19.00.a,r0010,c0010,} + {F_19.00.b,r0010,c0120,}Other rules on F 19.00.a
- Debt instruments valued at cost or at amortised cost: an upper-limit check across information on forborne exposures (F 19.00.e, F 19.00.c, F 19.00.b, row 0005, v11989_m)Warning
- Debt securities: an upper-limit check across information on forborne exposures (F 19.00.e, F 19.00.c, F 19.00.b, row 0020, v11991_m)Warning
- Loans and advances: an upper-limit check across information on forborne exposures (F 19.00.e, F 19.00.c, F 19.00.b, row 0192, v11988_m)Warning
- Debt securities: an upper-limit check across information on forborne exposures (F 19.00.e, F 19.00.c, F 19.00.b, row 0030, v11992_m)Warning
- Households: an upper-limit check across information on forborne exposures (F 19.00.e, F 19.00.c, F 19.00.b, row 0933, v11987_m)Warning
- Debt securities: an upper-limit check across information on forborne exposures (F 19.00.e, F 19.00.c, F 19.00.b, row 0040, v11993_m)Warning
- Households: an upper-limit check across information on forborne exposures (F 19.00.e, F 19.00.c, F 19.00.b, row 0930, v11986_m)Warning
- Debt securities: an upper-limit check across information on forborne exposures (F 19.00.e, F 19.00.c, F 19.00.b, row 0050, v11994_m)Warning
Every FINREP 9 rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.