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1 min readWarningEBA reporting framework 4.2Updated 10 November 2026

After cap must equal the sum of its three parts (C 14.01, EBA rule v23085_m)

A warning in the own funds and capital requirements return (COREP own funds), on template C 14.01, (CR sec details) Detailed information on securitisations by approach.

Check your file against this ruleWhat to do if it fails

The rule in plain words

After cap must equal these three added up:

  • Before cap
  • (-) reduction due to risk weight cap
  • (-) reduction due to overall cap

EBA checks it on six sheets: standardised approach for securitisations (sec-SA), external ratings-based approach for securitisation positions (sec-erba), internal ratings-based approach for securitisation positions (sec-IRBA), 1250% for positions not subject to any method, internal assessment approach and specific treatment for senior tranches of qualifying NPE securitisations. That makes six checks. A failure names the one that failed.

How the Line4 Check report words itShow

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.

AFTER CAP, Specific treatment for senior tranches of qualifying NPE securitisations = BEFORE CAP, Specific treatment for senior tranches of qualifying NPE securitisations + (-) REDUCTION DUE TO RISK WEIGHT CAP, Specific treatment for senior tranches of qualifying NPE securitisations + (-) REDUCTION DUE TO OVERALL CAP, Specific treatment for senior tranches of qualifying NPE securitisations

What to do if your filing fails it

  1. 01Open the template below and find the cells the rule reads.
  2. 02Add up the parts in your file and compare the result with the total.
  3. 03If they differ, a part is missing, a value sits in the wrong column, or the total is out of date.
  4. 04EBA allows a small rounding difference, worked out from the decimals each value is reported with.
  5. 05It runs only when your filing indicators mark C 14.01 as reported.
  6. 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

(CR sec details) Detailed information on securitisations by approach (C 14.01)

Columns

  • 0441BEFORE CAP
  • 0442(-) REDUCTION DUE TO RISK WEIGHT CAP
  • 0443(-) REDUCTION DUE TO OVERALL CAP
  • 0444AFTER CAP

Sheets

  • 0010Standardised approach for securitisations (SEC-SA)
  • 0020External ratings-based approach for securitisation positions (SEC-ERBA)
  • 0030Internal ratings-based approach for securitisation positions (SEC-IRBA)
  • 00401250% for positions not subject to any method
  • 0050Internal assessment approach
  • 0060Specific treatment for senior tranches of qualifying NPE securitisations

A worked example

The first of its checks, with simple numbers.

Illustrative values
Before cap1,200
(-) reduction due to risk weight cap800
(-) reduction due to overall cap450
Together2,450
What the rule then expects

After cap must then be 2,450.

2,450Passes
2,550Fails

A file that reports 2,450 passes. One that reports 2,550 fails, by 100.

The numbers are illustrative, reported to the unit, so the rounding tolerance does not change the result.

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}.

{C_14.01,,c0444,s0060} = {C_14.01,,c0441,s0060} + {C_14.01,,c0442,s0060} + {C_14.01,,c0443,s0060}

The next five:

{C_14.01,,c0444,s0050} = {C_14.01,,c0441,s0050} + {C_14.01,,c0442,s0050} + {C_14.01,,c0443,s0050}{C_14.01,,c0444,s0020} = {C_14.01,,c0441,s0020} + {C_14.01,,c0442,s0020} + {C_14.01,,c0443,s0020}{C_14.01,,c0444,s0030} = {C_14.01,,c0441,s0030} + {C_14.01,,c0442,s0030} + {C_14.01,,c0443,s0030}{C_14.01,,c0444,s0040} = {C_14.01,,c0441,s0040} + {C_14.01,,c0442,s0040} + {C_14.01,,c0443,s0040}{C_14.01,,c0444,s0010} = {C_14.01,,c0441,s0010} + {C_14.01,,c0442,s0010} + {C_14.01,,c0443,s0010}

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.