The rule in plain words
If severance payments awarded during the financial year - number of identified staff is reported, highest payment that has been awarded to a single person must be reported.
EBA checks it for four columns: MB supervisory function, MB management function, other senior management and other identified staff. That makes four 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.
MB Supervisory function: If Severance payments awarded during the financial year - Number of identified staff is reported, then Of which highest payment that has been awarded to a single person 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 10.00 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
- 0060Severance payments awarded during the financial year - Number of identified staff
- 0110Of which highest payment that has been awarded to a single person
Columns
- 0010MB Supervisory function
- 0020MB Management function
- 0030Other senior management
- 0040Other identified staff
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_10.00,r0060,c0010,})))) then ((not(empty({R_10.00,r0110,c0010,})))) else TrueThe next three:
if ((not(empty({R_10.00,r0060,c0030,})))) then ((not(empty({R_10.00,r0110,c0030,})))) else Trueif ((not(empty({R_10.00,r0060,c0020,})))) then ((not(empty({R_10.00,r0110,c0020,})))) else Trueif ((not(empty({R_10.00,r0060,c0040,})))) then ((not(empty({R_10.00,r0110,c0040,})))) else TrueOther rules on R 10.00
- Severance payments paid during the financial year, that are not taken into account in the bonus cap cannot be more than severance payments awarded during the financial year, total amount (v12587_m)Warning
- Highest payment that has been awarded to a single person cannot be more than severance payments awarded during the financial year, total amount (v12586_m)Warning
- Severance payments paid during the financial year, that are not taken into account in the bonus cap cannot be more than paid during the financial year (v12585_m)Warning
- Severance payments awarded during the financial year, total amount must equal the sum of its two parts (v12584_m)Warning
- Severance payments awarded during the financial year: if total amount is more than zero, number of identified staff must be more than zero (v12583_m)Warning
- Severance payments awarded during the financial year: if number of identified staff is more than zero, total amount must be more than zero (v12582_m)Warning
- A conditional check on special payments to staff whose professional activities have a material impact on institutions’ risk profile (identified staff) (row 0050, v12581_m)Warning
- A conditional check on special payments to staff whose professional activities have a material impact on institutions’ risk profile (identified staff) (row 0040, v12580_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.