Line4

1 min readSwitched off by EBAEBA reporting framework 4.2Updated 10 November 2026

Eligible liabilities subordinated to excluded liabilities cannot be less than the absolute value of own eligible liabilities instruments subordinated to excluded liabilities (EBA rule v22338_m)

A check in the loss-absorbing capacity return (MREL and TLAC), on template M 02.00.a, mREL and TLAC capacity and composition (resolution groups / entities) (TLAC1) (I).

EBA switched this rule off in its 4.2 severity package (January 2026), so it does not run on reporting framework 4.2 filings. EBA's list of validation rules of 12 October 2026 still has it switched off. Line4 Check does not run it either.

The rule in plain words

Eligible liabilities subordinated to excluded liabilities cannot be less than the absolute value of (-) own eligible liabilities instruments subordinated to excluded liabilities.

All the values are in the minimum requirement for own funds and eligible liabilities (MREL) column (0010) of M 02.00.a.

EBA writes it out two times. These words are for the first; the others are the same rule on other cells.

The template it checks

MREL and TLAC capacity and composition (resolution groups / entities) (TLAC1) (I) (M 02.00.a)

Rows

  • 0090Eligible liabilities subordinated to excluded liabilities
  • 0132(-) Own eligible liabilities instruments subordinated to excluded liabilities

Column

  • 0010Minimum requirement for own funds and eligible liabilities (MREL)
Show the rule as writtenShow

EBA's formula, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.

{M_02.00.a,r0090,c0010,} >= abs({M_02.00.a,r0132,c0010,})

And 1 more, the same formula for the other cells it covers.

Every MREL and TLAC rule, by template

Checks like this one, run at the point of submission, are the first step to real-time supervision.