The rule in plain words
Total number of identified staff (outcome of the yearly identification process) cannot be more than total number of staff (end of the financial year).
All the values are in the value column (0010) of R 07.00.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
Total number of identified staff (outcome of the yearly identification process) <= Total number of staff (end of the financial year)
What to do if your filing fails it
- 01Open the template 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 R 07.00 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
Approved higher ratios between variable and fixed remuneration – institutions (R 07.00)
Rows
- 0010Total number of staff (end of the financial year)
- 0020Total number of identified staff (outcome of the yearly identification process)
Column
- 0010Value
A worked example
The first of its checks, with simple numbers.
Total number of staff (end of the financial year) must then be at least 1,200.
A file that reports 1,200 passes. One that reports 1,100 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_07.00,r0020,c0010,} <= {R_07.00,r0010,c0010,}Other rules on R 07.00
- Approved higher ratio (i.e. ratio of variable to fixed remuneration which is above 100%) must be at least 1 (v12537_m)Warning
- Value must be reported (v12543_e)Warning
- An upper-limit check on approved higher ratios between variable and fixed remuneration (v12544_m)Warning
- Total number of identified staff potentially benefitting from an approved ratio above 100% cannot be more than total number of identified staff (outcome of the yearly identification process) (v12678_m)Warning
- An upper-limit check on approved higher ratios between variable and fixed remuneration (v12679_m)Warning
- Value cannot be negative (v12134_s)Warning
Every REM higher ratios rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.