The rule in plain words
Risk exposure amount must equal 12.5 times own fund requirements.
All the values are in the business indicator component and ASA row (0010) of C 16.01.a.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
Business indicator component and ASA, Risk exposure amount = 12.5 × Business indicator component and ASA, Own fund requirements
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Work out both sides from your file, as the rule in plain words sets out, and compare them.
- 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 04It runs only when your filing indicators mark C 16.01 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
Operational risk - own funds requirements (opr of) (C 16.01.a)
Row
- 0010Business indicator component and ASA
Columns
- 0040Own fund requirements
- 0050Risk exposure amount
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{C_16.01.a,r0010,c0050,} = 12.5 * {C_16.01.a,r0010,c0040,}Other rules on C 16.01.a
- Interest, leases and dividend component must equal the sum of its two parts (v22916_m)Warning
- Business indicator must equal the sum of its three parts (v22915_m)Warning
- Value cannot be negative (v23214_s)Warning
- Own fund requirements cannot be negative (v23215_s)Warning
- Business indicator component and ASA, risk exposure amount cannot be negative (v23216_s)Warning
- Financial component, value must equal the sum of its two parts (v90320_m)Warning
- Services component, value must equal the larger of two values plus the larger of two values (v90321_m)Warning
Every COREP own funds rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.