The rule in plain words
For number of institutions where shareholders have approved a higher ratio that have their legal seat within the Member State (additional information to be provided below): number of institutions with their legal seat within the Member State that have approved 200% as the maximum ratio cannot be more than number of institutions where shareholders have approved a higher ratio that have their legal seat within the Member State (additional inform.
All the values are in the aggregation by competent authority column (0010) of R 08.00.
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.
Thereof: number of institutions with their legal seat within the Member State that have approved 200% as the maximum ratio <= Number of institutions where shareholders have approved a higher ratio that have their legal seat within the Member State (additional inform
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 08.00 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
Rows
- 0050Number of institutions where shareholders have approved a higher ratio that have their legal seat within the Member State (additional inform
- 0060Thereof: number of institutions with their legal seat within the Member State that have approved 200% as the maximum ratio
Column
- 0010Aggregation by competent authority
A worked example
The first of its checks, with simple numbers.
Number of institutions where shareholders have approved a higher ratio that have their legal seat within the Member State (additional inform 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_08.00,r0060,c0010,} <= {R_08.00,r0050,c0010,}Other rules on R 08.00
- An upper-limit check on approved higher ratios between variable and fixed remuneration (row 0050, v12549_m)Warning
- An upper-limit check on approved higher ratios between variable and fixed remuneration (row 0030, v12551_m)Warning
- Aggregated total number of identified staff of these institutions cannot be more than aggregated total number of staff of these institutions (v12548_m)Warning
- Changes versus the previous data submission: an upper-limit check on approved higher ratios between variable and fixed remuneration (v12553_m)Warning
- Aggregated total number of staff of these institutions cannot be more than aggregated total number of staff of all institutions within the Member State (v12546_m)Warning
- Aggregation by competent authority must be reported (v12554_e)Warning
- Aggregated balance sheet total of these institutions cannot be more than aggregated balance sheet total of institutions within the Member State (v12545_m)Warning
- Aggregated total number of identified staff potentially benefitting from an approved ratio above 100% cannot be more than aggregated total number of identified staff of these institutions (v12680_m)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.