The rule in plain words
None of the values it checks in remuneration awarded for the financial year can be negative.
EBA checks it for four columns: MB supervisory function, MB management function, other senior management and other identified staff. And for 20 rows, from number of identified staff (0010) to total remuneration (0200). That makes 80 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.
Other identified staff: Total remuneration >= 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 R 09.00 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
Remuneration awarded for the financial year (R 09.00)
Rows
- 0010Number of identified staff
- 0020Total fixed remuneration
- 0030Of which: cash-based
- 0040Of which: shares or equivalent ownership interests
- 0050Of which: share-linked instruments or equivalent non-cash instruments
- 0060Of which: other instruments
- 0070Of which: other forms
- 0080Number of identified staff
- 0090Total variable remuneration
- 0100Of which: cash-based
- 0110Of which: deferred
- 0120Of which: shares or equivalent ownership interests
- 0130Of which: deferred
- 0140Of which: share-linked instruments or equivalent non-cash instruments
- 0150Of which: deferred
- 0160Of which: other instruments
- 0170Of which: deferred
- 0180Of which: other forms
- 0190Of which: deferred
- 0200Total remuneration
Columns
- 0010MB Supervisory function
- 0020MB Management function
- 0030Other senior management
- 0040Other identified staff
A worked example
The first of its checks, with simple numbers.
Total remuneration, other identified staff 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}.
{R_09.00,r0200,c0040,} >= 0The next five:
{R_09.00,r0110,c0030,} >= 0{R_09.00,r0140,c0030,} >= 0{R_09.00,r0030,c0030,} >= 0{R_09.00,r0110,c0010,} >= 0{R_09.00,r0100,c0040,} >= 0And 74 more, the same formula for the other cells it covers.
Other rules on R 09.00
- Number of identified staff (under variable remuneration) cannot be more than number of identified staff (under fixed remuneration) (v12555_m)Warning
- Deferred variable remuneration cannot be more than cash-based variable remuneration (v12556_m)Warning
- Deferred shares or equivalent ownership interests cannot be more than shares or equivalent ownership interests (v12557_m)Warning
- Deferred share-linked instruments or equivalent non-cash instruments cannot be more than share-linked instruments or equivalent non-cash instruments (v12558_m)Warning
- Deferred other instruments cannot be more than other instruments (v12559_m)Warning
- Deferred other forms cannot be more than other forms (v12560_m)Warning
- A balancing check across remuneration awarded for the financial year and information on remuneration of staff whose professional activities have a material impact on institutions’ risk profile (identified staff) (R 12.00.a, v12562_m)Warning
- Variable remuneration: a balancing check across remuneration awarded for the financial year and information on remuneration of staff whose professional activities have a material impact on institutions’ risk profile (identified staff) (R 12.00.a, v12563_m)Warning
Every REM benchmarking rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.