The rule in plain words
Retail cannot be less than retail secured by residential real estate.
EBA checks it for 27 columns, from overnight (0070) to greater than 1.5 years up to 2 years (0390). That makes 27 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.
Overnight: Retail >= Of which: secured by residential real estate
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Compare the values in your file. If the first is smaller than it may be, one of them is wrong: check both before you change either.
- 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 04It runs only when your filing indicators mark J 05.00 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
Repricing cash flows (I) (J 05.00.a)
Rows
- 0070Retail
- 0090Of which: secured by residential real estate
Columns
- 0070Overnight
- 0080Greater than overnight up to 1 month
- 0090Greater than 1 month up to 3 months
- 0100Greater than 3 months up to 6 months
- 0110Greater than 6 months up to 9 months
- 0120Greater than 9 months up to 12 months
- 0130Greater than 12 months up to 1.5 years
- 0140Greater than 1.5 years up to 2 years
- 0150Greater than 2 years up to 3 years
- 0160Greater than 3 years up to 4 years
- 0170Greater than 4 years up to 5 years
- 0180Greater than 5 years up to 6 years
- 0190Greater than 6 years up to 7 years
- 0200Greater than 7 years up to 8 years
- 0210Greater than 8 years up to 9 years
- 0220Greater than 9 years up to 10 years
- 0230Greater than 10 years up to 15 years
- 0240Greater than 15 years up to 20 years
- 0250Greater than 20 years
- 0320Overnight
- 0330Greater than overnight up to 1 month
- 0340Greater than 1 month up to 3 months
- 0350Greater than 3 months up to 6 months
- 0360Greater than 6 months up to 9 months
- 0370Greater than 9 months up to 12 months
- 0380Greater than 12 months up to 1.5 years
- 0390Greater than 1.5 years up to 2 years
A worked example
The first of its checks, with simple numbers.
Retail secured by residential real estate can then be at most 1,200.
A file that reports 1,200 passes. One that reports 1,300 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, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.
{J_05.00.a,r0070,c0070,} >= {J_05.00.a,r0090,c0070,}The next five:
{J_05.00.a,r0070,c0210,} >= {J_05.00.a,r0090,c0210,}{J_05.00.a,r0070,c0140,} >= {J_05.00.a,r0090,c0140,}{J_05.00.a,r0070,c0110,} >= {J_05.00.a,r0090,c0110,}{J_05.00.a,r0070,c0360,} >= {J_05.00.a,r0090,c0360,}{J_05.00.a,r0070,c0190,} >= {J_05.00.a,r0090,c0190,}And 21 more, the same formula for the other cells it covers.
Other rules on J 05.00.a
- Loans and advances cannot be less than non-performing loans and advances (v22274_m)Warning
- Debt securities issued cannot be less than AT1 or T2 (v22276_m)Warning
- NMD: retail transactional cannot be less than core component (v22277_m)Warning
- NMD: retail transactional cannot be less than NMD: retail transactional exempted from the 5Y cap (v22278_m)Warning
- NMDs: retail non-transactional cannot be less than core component (v22279_m)Warning
- NMDs: retail non-transactional cannot be less than NMDs: retail non-transactional exempted from the 5Y cap (v22280_m)Warning
- NMDs: wholesale non-financial cannot be less than core component (v22281_m)Warning
- NMDs: wholesale non-financial cannot be less than NMDs: wholesale non-financial exempted from the 5Y cap (v22282_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.