The rule in plain words
The absolute value of custody assets [by type of customer] cannot be less than the absolute value of custody assets [by type of customer] entrusted to other entities.
All the values are in the amount of the assets involved in the services provided column (0010) of F 22.02.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
the absolute value of Custody assets [by type of customer] >= the absolute value of Of which: entrusted to other entities
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 22.02 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 involved in the services provided (F 22.02)
Rows
- 0060Custody assets [by type of customer]
- 0090Of which: entrusted to other entities
Column
- 0010Amount of the assets involved in the services provided
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
abs({F_22.02,r0060,c0010,}) >= abs({F_22.02,r0090,c0010,})Other rules on F 22.02
- Amount of the assets involved in the services provided cannot be negative (v3971_s)Warning
- Custody assets [by type of customer] must equal collective investment plus other (v903593_h)Warning
- Customer resources distributed but not managed [by type of product] must equal the sum of its three parts (v903594_h)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.