The rule in plain words
Number of identified staff (headcount) must equal members (headcount).
All the values are in the MB management function column (0020).
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
R_02.02: Number of identified staff (headcount), MB Management function = R_02.01: Members (Headcount), MB Management function
What to do if your filing fails it
- 01Open the templates below and find the cells the rule reads.
- 02The two values must be the same. Find which of the two is right, and correct the other one.
- 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 04It runs only when your filing indicators mark R 02.01 and R 02.02 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 remuneration of identified staff in investment firms (R 02.01)
Row
- 0010Members (Headcount)
Column
- 0020MB Management function
Information on remuneration of identified staff per business area (R 02.02)
Row
- 0010Number of identified staff (headcount)
Column
- 0020MB Management function
A worked example
The first of its checks, with simple numbers.
Members (headcount) must then be 1,200.
A file that reports 1,200 passes. One that reports 1,300 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. Cells are written as {template, row, column, sheet}.
{R_02.02,r0010,c0020,} = {R_02.01,r0010,c0020,}Other rules on R 02.01
- A sum of five rows cannot be less than 0.5 times a calculation over four rows (v12100_m)Warning
- Number of other senior management must equal number of identified staff in FTE (v12102_m)Warning
- A sum of seven rows cannot be less than 0.4 times a calculation over four rows (v12099_m)Warning
- Number of other identified staff, total must equal number of identified staff in FTE, other identified staff (v12103_m)Warning
- Total variable remuneration in year N cannot be less than the sum of seven rows (v12098_m)Warning
- Total variable remuneration in year N cannot be less than severance payments awarded in previous periods, paid out during the financial year, total amount (v12097_m)Warning
- Total variable remuneration in year N cannot be less than guaranteed variable remuneration in year N, total amount (v12096_m)Warning
- If number of identified staff in FTE is more than zero, total fixed remuneration in year N must be more than zero (v12094_m)Warning
Every REM benchmarking (IF) rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.