The rule in plain words
Number of identified staff (headcount) must equal members (headcount).
All the values are in the MB supervisory function column (0010).
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 Supervisory function = R_02.01: Members (Headcount), MB Supervisory 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
- 0010MB Supervisory function
Information on remuneration of identified staff per business area (R 02.02)
Row
- 0010Number of identified staff (headcount)
Column
- 0010MB Supervisory 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,c0010,} = {R_02.01,r0010,c0010,}Other rules on R 02.01
- Variable remuneration, total must equal the sum of its four parts (v12619_m)Warning
- Highest amount of severance payments awarded in year N to a single person cannot be more than severance payments awarded in year N, total amount (v12615_m)Warning
- If severance payments awarded in year N, number of beneficiaries is reported, highest amount of severance payments awarded in year N to a single person must be reported (v12614_m)Warning
- Severance payments awarded in year N: if total amount is reported, number of beneficiaries must be reported (v12613_m)Warning
- Severance payments awarded in year N: if number of beneficiaries is reported, total amount must be reported (v12612_m)Warning
- Guaranteed variable remuneration in year N: if total number of beneficiaries is reported, total amount must be reported (v12611_m)Warning
- Guaranteed variable remuneration in year N: if total amount is reported, total number of beneficiaries must be reported (v12610_m)Warning
- For investment firms that do not benefit from the derogation under Article 32(4)(a) at an institutional level Thereof: variable remuneratio cannot be more than total variable remuneration in year N (v12606_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.