Line4

2 min readWarningEBA reporting framework 4.2Updated 10 November 2026

None of the 138 values it checks in (CR sec details) Detailed information on securitisations can be negative (C 14.01, EBA rule v23148_s)

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

None of the values it checks in (CR sec details) Detailed information on securitisations can be negative.

EBA checks it for 23 columns, from senior (0310) to specific treatment of senior tranches in qualifying NPE securitisations (0453). And 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 138 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.

SENIOR: SENIOR, 1250% for positions not subject to any method >= 0

What to do if your filing fails it

  1. 01Open the template below and find the cells the rule reads.
  2. 02Look for a value with the wrong sign in these cells, such as an amount entered as a negative number.
  3. 03EBA compares the values exactly here: there is no rounding tolerance.
  4. 04It runs only when your filing indicators mark C 14.01 as reported.
  5. 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

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

Columns

  • 0310SENIOR
  • 0320MEZZANINE
  • 0330FIRST LOSS
  • 0340SENIOR
  • 0350MEZZANINE
  • 0351RW CORRESPONDING TO PROTECTION PROVIDER / INSTRUMENT
  • 0360FIRST LOSS
  • 0361RW CORRESPONDING TO PROTECTION PROVIDER / INSTRUMENT
  • 0362SYNTHETIC EXCESS SPREAD
  • 0370DIRECT CREDIT SUBSTITUTES
  • 0380IRS / CRS
  • 0390LIQUIDITY FACILITIES
  • 0400OTHER
  • 0411EXPOSURE VALUE
  • 0430BEFORE CAP
  • 0440AFTER CAP
  • 0441BEFORE CAP
  • 0444AFTER CAP
  • 0447RISK-WEIGHTED EXPOSURE AMOUNT UNDER SEC-ERBA
  • 0448RISK WEIGHTED EXPOSURE AMOUNT UNDER SEC-SA
  • 0451SEC-IRBA
  • 0452INTERNAL ASSESSMENT APPROACH
  • 0453Specific treatment of senior tranches in qualifying NPE securitisations

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.

What the rule then expects

Senior must then be at least 0.

0Passes
-100Fails

A file that reports 0 passes. One that reports -100 fails, by 100.

The numbers are illustrative.

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,,c0310,s0040} >= 0

The next five:

{C_14.01,,c0360,s0040} >= 0{C_14.01,,c0390,s0060} >= 0{C_14.01,,c0330,s0050} >= 0{C_14.01,,c0350,s0020} >= 0{C_14.01,,c0320,s0010} >= 0

And 132 more, the same formula for the other cells it covers.

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.