The rule in plain words
Commitments and guarantees given, carrying amount must equal these three added up:
- Financial guarantees given, provisions for commitments and guarantees given (all sheets added up)
- Loan commitments given, provisions for commitments and guarantees given (all sheets added up)
- Other commitments given, provisions for commitments and guarantees given (all sheets added up)
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
F_01.02: Commitments and guarantees given = F_20.05.B: Financial guarantees given (all sheets added up) + F_20.05.B: Loan commitments given (all sheets added up) + F_20.05.B: Other commitments given (all sheets added up)
What to do if your filing fails it
- 01Open the templates below and find the cells the rule reads.
- 02Work out both sides from your file, as the rule in plain words sets out, and compare them.
- 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 04It runs only when your filing indicators mark F 01.02 and F 20.05 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
Balance sheet statement: liabilities (F 01.02)
Row
- 0220Commitments and guarantees given
Column
- 0010Carrying amount
Rows
- 0010Loan commitments given
- 0020Financial guarantees given
- 0030Other commitments given
Column
- 0030Provisions for commitments and guarantees given
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{F_01.02,r0220,c0010,} = sum({F_20.05.b,r0020,c0030,},{F_20.05.b,r0010,c0030,},{F_20.05.b,r0030,c0030,})Other rules on F 01.02
- Subordinated financial liabilities, at a cost-based method cannot be more than non-trading non-derivative financial liabilities measured at a cost-based method, carrying amount (v1312_m)Blocking
- Debt securities issued: at a cost-based method cannot be more than carrying amount (v1311_m)Blocking
- Deposits, at a cost-based method cannot be more than deposits, carrying amount (v1310_m)Blocking
- Subordinated financial liabilities, at amortized cost cannot be more than financial liabilities measured at amortised cost, carrying amount (v1309_m)Blocking
- Debt securities issued: at amortized cost cannot be more than carrying amount (v1308_m)Blocking
- Deposits, at amortized cost cannot be more than deposits, carrying amount (v1307_m)Blocking
- Subordinated financial liabilities cannot be more than financial liabilities designated at fair value through profit or loss (v1306_m)Blocking
- Debt securities issued in F 08.02 cannot be more than debt securities issued in F 01.02 (v1305_m)Blocking
Every FINREP 9 rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.