The rule in plain words
None of the values it checks in composition of specific committees of the management body in its supervisory function can be negative.
EBA checks it for three columns: male, female and non-binary. And for twelve rows, from chair of risk committee (0010) to other members of the combined nomination and remuneration committee (0120). That makes 36 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.
Non-binary: Chair of remuneration committee >= 0
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Look for a value with the wrong sign in these cells, such as an amount entered as a negative number.
- 03EBA compares the values exactly here: there is no rounding tolerance.
- 04It runs only when your filing indicators mark R 15.00 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
Composition of specific committees of the management body in its supervisory function (R 15.00)
Rows
- 0010Chair of risk committee
- 0020Other members of the risk committee
- 0030Chair of audit committee
- 0040Other members of audit committee
- 0050Chair of combined audit and risk committee
- 0060Other members of combined audit and risk committee
- 0070Chair of nomination committee
- 0080Other members of the nomination committee
- 0090Chair of remuneration committee
- 0100Other members of remuneration committee
- 0110Chair of the combined nomination and remuneration committee
- 0120Other members of the combined nomination and remuneration committee
Columns
- 0010Male
- 0020Female
- 0030Non-binary
A worked example
The first of its checks, with simple numbers.
Chair of remuneration committee, non-binary must then be at least 0.
A file that reports 0 passes. One that reports -100 fails, by 100.
The numbers are illustrative.
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}.
{R_15.00,r0090,c0030,} >= 0The next five:
{R_15.00,r0110,c0030,} >= 0{R_15.00,r0010,c0020,} >= 0{R_15.00,r0100,c0010,} >= 0{R_15.00,r0080,c0010,} >= 0{R_15.00,r0070,c0030,} >= 0And 30 more, the same formula for the other cells it covers.
Other rules on R 15.00
- A conditional check across diversity policy, nomination and gender diversity, and composition of specific committees of the management body in its supervisory function (R 22.01, v22580_m)Warning
- A conditional check on composition of specific committees of the management body in its supervisory function (row 0110, v22566_m)Warning
- A conditional check on composition of specific committees of the management body in its supervisory function (row 0050, v22565_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.