The rule in plain words
Trading financial liabilities must equal these five added up:
- Derivatives
- Short positions
- Deposits
- Debt securities issued
- Other financial liabilities
All the values are in the accounting scope of consolidation [carrying amount] column (0010) of F 17.03.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
Trading financial liabilities = Derivatives + Short positions + Deposits + Debt securities issued + Other financial liabilities
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Add up the parts in your file and compare the result with the total.
- 03If they differ, a part is missing, a value sits in the wrong row, or the total is out of date.
- 04EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 05It runs only when your filing indicators mark F 17.03 as reported.
- 06This 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
Reconciliation between IFRS and CRR scope of consolidation: liabilities (F 17.03)
Rows
- 0061Trading financial liabilities
- 0062Derivatives
- 0063Short positions
- 0064Deposits
- 0065Debt securities issued
- 0066Other financial liabilities
Column
- 0010Accounting scope of consolidation [carrying amount]
A worked example
The first of its checks, with simple numbers.
Trading financial liabilities must then be 2,900.
A file that reports 2,900 passes. One that reports 3,000 fails, by 100.
The numbers are illustrative, reported to the unit, so the rounding tolerance does not change the result.
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{F_17.03,r0061,c0010,} = {F_17.03,r0062,c0010,} + {F_17.03,r0063,c0010,} + {F_17.03,r0064,c0010,} + {F_17.03,r0065,c0010,} + {F_17.03,r0066,c0010,}Other rules on F 17.03
- Non-trading non-derivative financial liabilities measured at a cost-based method must equal the sum of its three parts (v1770_m)Warning
- Accounting scope of consolidation [carrying amount] cannot be more than zero (v2061_s)Warning
- Total equity and total liabilities must equal total liabilities plus total equity (v1135_m)Warning
- Total equity must equal the sum of its 14 parts (v1134_m)Warning
- Total liabilities must equal the sum of its 14 parts (v1133_m)Warning
- Financial liabilities measured at amortised cost must equal the sum of its three parts (v1132_m)Warning
- Financial liabilities designated at fair value through profit or loss must equal the sum of its three parts (v1131_m)Warning
- Financial liabilities held for trading must equal the sum of its five parts (v1130_m)Warning
Every FINREP 9 rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.