The rule in plain words
None of the values it checks in GAR (%) (stock) (I) can be negative.
EBA checks it for ten columns, from proportion of eligible assets funding taxonomy relevant sectors (0010) to enabling environmentally sustainable (0150). And for 16 rows, from GAR (0010) to collateral obtained by taking possession: residential and commercial immovable properties (0170). That makes 160 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.
Of which transitional: of which management companies >= 0
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Look for a value with the wrong sign in these cells, such as an amount entered as a negative number.
- 03EBA compares the values exactly here: there is no rounding tolerance.
- 04It runs only when your filing indicators mark D 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
GAR (%) (stock) (I) (D 08.00.a)
Rows
- 0010GAR
- 0020Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation
- 0030Financial corporations
- 0040Credit institutions
- 0050Other financial corporations
- 0060of which investment firms
- 0070of which management companies
- 0080of which insurance undertakings
- 0090Non-financial corporations subject to NFRD disclosure obligations
- 0100Households
- 0110of which loans collateralised by residential immovable property
- 0120of which building renovation loans
- 0130of which motor vehicle loans
- 0140Local government financing
- 0150Housing financing
- 0170Collateral obtained by taking possession: residential and commercial immovable properties
Columns
- 0010Proportion of eligible assets funding taxonomy relevant sectors
- 0020Of which environmentally sustainable
- 0030Of which specialised lending
- 0040Of which transitional
- 0050Of which enabling
- 0110Proportion of eligible assets funding taxonomy relevant sectors
- 0120Of which environmentally sustainable
- 0130Of which specialised lending
- 0140Of which transitional/adaptation
- 0150Of which enabling
A worked example
The first of its checks, with simple numbers.
Management companies, transitional must then be at least 0.
A file that reports 0 passes. One that reports -100 fails, by 100.
The numbers are illustrative.
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}.
{D_08.00.a,r0070,c0040,} >= 0The next five:
{D_08.00.a,r0100,c0130,} >= 0{D_08.00.a,r0100,c0010,} >= 0{D_08.00.a,r0120,c0010,} >= 0{D_08.00.a,r0040,c0030,} >= 0{D_08.00.a,r0010,c0150,} >= 0And 154 more, the same formula for the other cells it covers.
Other rules on D 08.00.a
- None of the 45 values it checks in GAR (%) (stock) (I) can be negative (v12831_s)Warning
- Non-financial corporations subject to NFRD disclosure obligations, environmentally sustainable cannot be more than 1 (v89295_m)Warning
- Households, environmentally sustainable cannot be more than 1 (v89296_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.