The rule in plain words
The absolute value of domestic activities cannot be less than the absolute value of small and medium-sized Enterprises.
EBA checks it for four columns: actual current position, planned Year 1 Position, planned Year 2 Position and planned Year 3 Position. That makes four 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.
Planned Year 3 Position: the absolute value of Domestic activities >= the absolute value of 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 P 01.01 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
Assets (P 01.01)
Rows
- 110Domestic activities
- 140Small and Medium-sized Enterprises
Columns
- 010Actual current position
- 030Planned Year 1 Position
- 040Planned Year 2 Position
- 050Planned Year 3 Position
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({P_01.01,r110,c050,}) >= abs({P_01.01,r140,c050,})The next three:
abs({P_01.01,r110,c010,}) >= abs({P_01.01,r140,c010,})abs({P_01.01,r110,c030,}) >= abs({P_01.01,r140,c030,})abs({P_01.01,r110,c040,}) >= abs({P_01.01,r140,c040,})Other rules on P 01.01
- The absolute value of other EEA countries activities cannot be less than the absolute value of small and medium-sized enterprises (v23579_h)Warning
- Other EEA countries activities must equal the sum of its two parts (v09050_h)Warning
- Loans and advances to general governments (excl. reverse repurchase loans): if planned Year 1 Position in P 01.01 is not zero, planned Year 1 Position in P 02.04 cannot be zero (v08847_m)Warning
- Loans and advances to central banks (excl. reverse repurchase loans): if planned Year 1 Position in P 01.01 is not zero, planned Year 1 Position in P 02.04 cannot be zero (v08846_m)Warning
- Loans and advances to other financial corporations (excl. reverse repurchase loans): non-EEA countries activities: if planned Year 1 Position in P 01.01 is not zero, planned Year 1 Position in P 02.04 cannot be zero (v08845_m)Warning
- Loans and advances to other financial corporations (excl. reverse repurchase loans): other EEA countries activities: if planned Year 1 Position in P 01.01 is not zero, planned Year 1 Position in P 02.04 cannot be zero (v08844_m)Warning
- Loans and advances to other financial corporations (excl. reverse repurchase loans): domestic activities: if planned Year 1 Position in P 01.01 is not zero, planned Year 1 Position in P 02.04 cannot be zero (v08843_m)Warning
- Loans and advances to other financial corporations (excl. reverse repurchase loans): if planned Year 1 Position in P 01.01 is not zero, planned Year 1 Position in P 02.04 cannot be zero (v08842_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.