The rule in plain words
For accumulated impairment, accumulated negative changes in fair value due to credit risk and provisions: the absolute value of non-financial corporations cannot be less than the absolute value of small and medium-sized Enterprises.
EBA checks it for five columns: accumulated impairment, accumulated negative changes in fair value due to credit risk and provisions, perfoming exposures with forbearance measures - accumulated impairment and provisions, non-performing exposures with forbearance measures - accumulated impairment, accumulated negative changes in impairment due to credit risk a, instruments with modifications in their terms and conditions, and refinancing. That makes five 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.
Perfoming exposures with forbearance measures - Accumulated impairment and provisions: the absolute value of Non-financial corporations >= the absolute value of Of which: Small and Medium-sized Enterprises
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Compare the values in your file. If the first is smaller than it may be, one of them is wrong: check both before you change either.
- 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 04It runs only when your filing indicators mark F 19.00 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
Information on forborne exposures (II) (F 19.00.b)
Rows
- 0196Non-financial corporations
- 0900Of which: Small and Medium-sized Enterprises
Columns
- 0120Accumulated impairment, accumulated negative changes in fair value due to credit risk and provisions
- 0130Perfoming exposures with forbearance measures - Accumulated impairment and provisions
- 0140Non-performing exposures with forbearance measures - Accumulated impairment, accumulated negative changes in impairment due to credit risk a
- 0150Instruments with modifications in their terms and conditions
- 0160Refinancing
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}.
abs({F_19.00.b,r0196,c0130,}) >= abs({F_19.00.b,r0900,c0130,})The next four:
abs({F_19.00.b,r0196,c0140,}) >= abs({F_19.00.b,r0900,c0140,})abs({F_19.00.b,r0196,c0150,}) >= abs({F_19.00.b,r0900,c0150,})abs({F_19.00.b,r0196,c0160,}) >= abs({F_19.00.b,r0900,c0160,})abs({F_19.00.b,r0196,c0120,}) >= abs({F_19.00.b,r0900,c0120,})Other rules on F 19.00.b
- Non-performing exposures with forbearance measures - accumulated impairment, accumulated negative changes in impairment due to credit risk and provisions: the absolute value of non-financial corporations cannot be less than the absolute value of small and medium-sized Enterprises (v23568_h)Warning
- Debt instruments at strict LOCOM, or fair value through profit or loss or through equity not subject to impairment must equal the sum of its two parts (v23865_h)Warning
- A matching-values check on information on forborne exposures (v8118_m)Warning
- Loans and advances, exposures with forbearance measures must equal the sum of its three parts (F 23.04, v7986_m)Warning
- An upper-limit check across information on forborne exposures (F 19.00.d, F 19.00.c, v7889_m)Warning
- Loan commitments given cannot be negative (v5711_s)Warning
- Perfoming exposures with forbearance measures, accumulated impairment and provisions cannot be more than zero (v5710_s)Warning
- Each of the 228 values it checks in information on forborne exposures (II) cannot be more than zero (v5709_s)Warning
Every FINREP 9 rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.