The rule in plain words
Market risks cannot be negative.
EBA writes it out 41 times. These words are for the first; the others are the same rule on other cells.
The template it checks
Group Solvency (C 06.02)
Column
- 0090Market risks
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}.
{C_06.02,,c0090,} >= 0And 40 more, the same formula for the other cells it covers.
Other rules on C 06.02
- Own funds must equal total tier 1 capital plus tier 2 capital (v23595_h)Warning
- A check on group Solvency (v11871_m)Not run yet
- A check on group Solvency (v8713_m)Not run yet
- If memorandum item: goodwill / (+) negative goodwill is reported, goodwill / (+) negative goodwill must be reported (v8711_m)Warning
- If qualifying own funds included in consolidated own funds is reported, consolidated own funds must be reported (v8710_m)Warning
- If qualifying own funds instruments included in consolidated tier 2 capital is reported, consolidated own funds must be reported (v8709_m)Warning
- If qualifying tier 1 instruments included in consolidated additional tier 1 capital is reported, additional tier 1 must be reported (v8708_m)Warning
- If minority interests included in consolidated common equity tier 1 capital is reported, common equity tier 1 must be reported (v8707_m)Warning
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.