The rule in plain words
If total remuneration of identified staff benefitting from the above derogation is reported, fixed remuneration must be reported.
EBA checks it for two columns: derogations on a firm wide basis under Article 94(3)(a) of the CRD and derogations for identified staff under Article 94(3)(b) of the CRD. That makes two 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.
Derogations on a firm wide basis under Art. 94(3)(a) CRD: If Total remuneration of identified staff benefitting from the above derogation is reported, then Of which: fixed remuneration is reported
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02The check applies only when its first part holds in your file. When it does, the second part must hold too: fix the second part, or correct the first.
- 03It runs only when your filing indicators mark R 05.00 as reported.
- 04This 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
- 0190Total remuneration of identified staff benefitting from the above derogation
- 0210Of which: fixed remuneration
Columns
- 0010Derogations on a firm wide basis under Art. 94(3)(a) CRD
- 0020Derogations for identified staff under Art. 94(3)(b) CRD
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}.
if ((not(empty({R_05.00,r0190,c0010,})))) then ((not(empty({R_05.00,r0210,c0010,})))) else TrueThe next one:
if ((not(empty({R_05.00,r0190,c0020,})))) then ((not(empty({R_05.00,r0210,c0020,})))) else TrueOther rules on R 05.00
- If number of identified staff benefitting from the above derogation is reported, total remuneration of identified staff benefitting from the above derogation must be reported (row 0180, v12655_m)Warning
- If total remuneration of identified staff benefitting from the above derogation is reported, variable remuneration must be reported (row 0190, v12657_m)Warning
- If total remuneration of identified staff benefitting from the above derogation is reported, variable remuneration must be reported (row 0140, v12654_m)Warning
- If total remuneration of identified staff benefitting from the above derogation is reported, fixed remuneration must be reported (row 0140, v12653_m)Warning
- If number of identified staff benefitting from the above derogation is reported, total remuneration of identified staff benefitting from the above derogation must be reported (row 0120, v12652_m)Warning
- If number of identified staff benefitting from the above derogation is reported, percentage of identified staff benefitting from the above derogation must be reported (row 0120, v12651_m)Warning
- If total remuneration of identified staff benefitting from the above derogation is reported, variable remuneration must be reported (row 0070, v12650_m)Warning
- If total remuneration of identified staff benefitting from the above derogation is reported, fixed remuneration must be reported (row 0070, v12649_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.