The rule in plain words
If other senior management is reported or other identified staff is reported, total remuneration of identified staff must be reported.
EBA checks it for six columns: investment banking, retail banking, asset management, corporate functions, independent internal control functions and all other. That makes six 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.
If R_12.00.B: Of which: other senior management, Investment banking is reported or R_12.00.B: Of which: other identified staff, Investment banking is reported, then R_12.00.A: Total remuneration of identified staff, Investment banking is reported
What to do if your filing fails it
- 01Open the templates 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 12.00 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
Row
- 0050Total remuneration of identified staff
Columns
- 0040Investment banking
- 0050Retail banking
- 0060Asset management
- 0070Corporate functions
- 0080Independent internal control functions
- 0090All other
Rows
- 0030Of which: other senior management
- 0040Of which: other identified staff
Columns
- 0040Investment banking
- 0050Retail banking
- 0060Asset management
- 0070Corporate functions
- 0080Independent internal control functions
- 0090All other
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_12.00.b,r0030,c0040,}))) or not(empty({R_12.00.b,r0040,c0040,}))) then ((not(empty({R_12.00.a,r0050,c0040,})))) else TrueThe next five:
if ((not(empty({R_12.00.b,r0030,c0060,}))) or not(empty({R_12.00.b,r0040,c0060,}))) then ((not(empty({R_12.00.a,r0050,c0060,})))) else Trueif ((not(empty({R_12.00.b,r0030,c0080,}))) or not(empty({R_12.00.b,r0040,c0080,}))) then ((not(empty({R_12.00.a,r0050,c0080,})))) else Trueif ((not(empty({R_12.00.b,r0030,c0050,}))) or not(empty({R_12.00.b,r0040,c0050,}))) then ((not(empty({R_12.00.a,r0050,c0050,})))) else Trueif ((not(empty({R_12.00.b,r0030,c0070,}))) or not(empty({R_12.00.b,r0040,c0070,}))) then ((not(empty({R_12.00.a,r0050,c0070,})))) else Trueif ((not(empty({R_12.00.b,r0030,c0090,}))) or not(empty({R_12.00.b,r0040,c0090,}))) then ((not(empty({R_12.00.a,r0050,c0090,})))) else TrueOther rules on R 12.00.a
- If members of the MB is reported, total remuneration of identified staff must be reported (v12694_m)Warning
- If total remuneration of identified staff is reported, variable remuneration must be reported (v12696_m)Warning
- If total remuneration of identified staff is reported, fixed remuneration must be reported (v12697_m)Warning
- Total MB must equal MB supervisory function plus MB management function (v12594_m)Warning
- Total number of identified staff, total must equal the sum of its 13 parts (v12593_m)Warning
- None of the 18 values it checks in information on remuneration of staff whose professional activities have a material impact on institutions’ risk profile (identified staff) (I) can be negative (v12130_s)Warning
- None of the twelve values it checks in information on remuneration of staff whose professional activities have a material impact on institutions’ risk profile (identified staff) (I) can be negative (v12129_s)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.
