The rule in plain words
Unadjusted reserve of assets must equal these 13 added up:
- Deposits with credit institutions
- Commodities
- Coins and banknotes
- Assets representing claims on or guaranteed by central governments
- Assets representing claims on or guaranteed by credit institutions (protected by Member State government, promotional lender)
- Qualifying CIU units
- Assets representing claims on or guaranteed by regional governments / local authorities
- Assets representing claims on or guaranteed by Multilateral development banks and international organisations
- Assets representing claims on or guaranteed by central banks
- Other highly liquid financial instruments, used as assets referenced
- Assets representing claims on or guaranteed by public sector entities
- Extremely high quality covered bonds
- Others
All the values are in the amount or market value column (0010) of Q 03.01.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
Unadjusted reserve of assets = Deposits with credit institutions + Commodities + Coins and banknotes + Assets representing claims on or guaranteed by Central governments + Assets representing claims on or guaranteed by Credit institutions (protected by Member State government, promotional lender) + Qualifying CIU units + Assets representing claims on or guaranteed by Regional governments / local authorities + Assets representing claims on or guaranteed by Multilateral development banks and international organisations + Assets representing claims on or guaranteed by Central banks + Other highly liquid financial instruments, used as assets referenced + Assets representing claims on or guaranteed by Public Sector Entities + Extremely high quality covered bonds + Others
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Add up the parts in your file and compare the result with the total.
- 03If they differ, a part is missing, a value sits in the wrong row, or the total is out of date.
- 04EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 05It runs only when your filing indicators mark Q 03.01 as reported.
- 06This 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
S_03.01: composition of the reserve of assets by type of assets and maturities (Q 03.01)
Rows
- 0020Unadjusted reserve of assets
- 0030Coins and banknotes
- 0040Deposits with credit institutions
- 0050Commodities
- 0130Assets representing claims on or guaranteed by Central banks
- 0140Assets representing claims on or guaranteed by Central governments
- 0150Assets representing claims on or guaranteed by Regional governments / local authorities
- 0160Assets representing claims on or guaranteed by Public Sector Entities
- 0170Assets representing claims on or guaranteed by Credit institutions (protected by Member State government, promotional lender)
- 0180Assets representing claims on or guaranteed by Multilateral development banks and international organisations
- 0190Qualifying CIU units
- 0200Extremely high quality covered bonds
- 0210Other highly liquid financial instruments, used as assets referenced
- 0230Others
Column
- 0010Amount/Market value
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{Q_03.01,r0020,c0010,} = sum({Q_03.01,r0040,c0010,},{Q_03.01,r0050,c0010,},{Q_03.01,r0030,c0010,}) + sum({Q_03.01,r0140,c0010,},{Q_03.01,r0170,c0010,},{Q_03.01,r0190,c0010,},{Q_03.01,r0150,c0010,},{Q_03.01,r0180,c0010,},{Q_03.01,r0130,c0010,},{Q_03.01,r0210,c0010,},{Q_03.01,r0160,c0010,},{Q_03.01,r0200,c0010,}) + {Q_03.01,r0230,c0010,}Other rules on Q 03.01
- Commodities cannot be less than the sum of seven rows (v22928_m)Warning
- Other highly liquid financial instruments, used as assets referenced cannot be less than crypto assets (v22929_m)Warning
- Reverse repos: collateral outflows maturing within the next 5 working days cannot be less than extremely high quality covered bonds (v22930_m)Warning
- Repos: collateral inflows maturing within the next 5 working days cannot be less than extremely high quality covered bonds (v22931_m)Warning
- Collateral swaps: collateral outflows maturing within the next 5 working days cannot be less than extremely high quality covered bonds (v22932_m)Warning
- Collateral swaps: collateral inflows maturing within the next 5 working days cannot be less than extremely high quality covered bonds (v22933_m)Warning
- Amount or market value cannot be negative (v23219_s)Warning
- Reserve of assets must equal unadjusted reserve of assets plus adjustments (v89184_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.