The rule in plain words
Employee representatives that are members of the management body, amount cannot be more than these eight added up:
- Law, employee representatives
- Business administration or Economics, employee representatives
- Mathematics, Physics, engineering, other natural science, employee representatives
- Information technology, employee representatives
- University degrees in other than the above subjects, employee representatives
- Tertiary education in banking or finance, employee representatives
- Other tertiary education, employee representatives
- None of the above tertiary educations, employee representatives
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
R_13.00.B: Employee representatives that are members of the management body <= R_20.00: Law, Employee representatives + R_20.00: Business administration or Economics, Employee representatives + R_20.00: Mathematics, Physics, Engineering, other natural science, Employee representatives + R_20.00: Information technology, Employee representatives + R_20.00: University degrees in other than the above subjects, Employee representatives + R_20.00: Tertiary education in banking or finance, Employee representatives + R_20.00: Other tertiary education, Employee representatives + R_20.00: None of the above tertiary educations, Employee representatives
What to do if your filing fails it
- 01Open the templates below and find the cells the rule reads.
- 02Compare the values in your file. If the first is bigger than it may be, one of them is wrong: check both before you change either.
- 03EBA compares the values exactly here: there is no rounding tolerance.
- 04It runs only when your filing indicators mark R 13.00 and R 20.00 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
Corporate information (R 13.00.b)
Row
- 0060Employee representatives that are members of the management body
Column
- 0020Amount
Educational background of members of the management body (R 20.00)
Rows
- 0010Law
- 0020Business administration or Economics
- 0030Mathematics, Physics, Engineering, other natural science
- 0040Information technology
- 0050University degrees in other than the above subjects
- 0060Tertiary education in banking or finance
- 0070Other tertiary education
- 0080None of the above tertiary educations
Column
- 0030Employee representatives
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{R_13.00.b,r0060,c0020,} <= sum({R_20.00,r0010,c0030,},{R_20.00,r0020,c0030,},{R_20.00,r0030,c0030,},{R_20.00,r0040,c0030,},{R_20.00,r0050,c0030,},{R_20.00,r0060,c0030,},{R_20.00,r0070,c0030,},{R_20.00,r0080,c0030,})Other rules on R 13.00.b
- Number of non-executive directors (including the chairperson, excluding employee representatives) cannot be more than the sum of eight rows (v22554_m)Warning
- Number of executive directors (including the CEO), amount cannot be more than the sum of eight rows (v22553_m)Warning
- Employee representatives that are members of the management body, amount must equal the sum of its three parts (v22552_m)Warning
- Number of non-executive directors (including the chairperson, excluding employee representatives), amount must equal the sum of its six parts (v22551_m)Warning
- Number of executive directors (including the CEO), amount cannot be more than the sum of 17 rows (v22559_m)Warning
- Number of executive directors (including the CEO), amount must equal the sum of its six parts (v22550_m)Warning
- Number of non-executive directors (including the chairperson, excluding employee representatives) cannot be more than the sum of 17 rows (v22560_m)Warning
- Employee representatives that are members of the management body, amount cannot be more than the sum of 17 rows (v22561_m)Warning
Every REM diversity rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.