The rule in plain words
Financial assets held for trading must equal these four added up:
- Derivatives
- Debt securities
- Loans and advances
- Equity instruments
All the values are in the carrying amount column (0010) of F 04.01.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
Financial assets held for trading = Derivatives + Debt securities + Loans and advances + Equity instruments
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Add up the parts in your file and compare the result with the total.
- 03If they differ, a part is missing, a value sits in the wrong row, or the total is out of date.
- 04EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 05It runs only when your filing indicators mark F 04.01 as reported.
- 06This 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
Rows
- 0005Derivatives
- 0010Equity instruments
- 0060Debt securities
- 0120Loans and advances
- 0190Financial assets held for trading
Column
- 0010Carrying amount
A worked example
The first of its checks, with simple numbers.
Financial assets held for trading must then be 2,750.
A file that reports 2,750 passes. One that reports 2,850 fails, by 100.
The numbers are illustrative, reported to the unit, so the rounding tolerance does not change the result.
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{F_04.01,r0190,c0010,} = {F_04.01,r0005,c0010,} + {F_04.01,r0060,c0010,} + {F_04.01,r0120,c0010,} + {F_04.01,r0010,c0010,}Other rules on F 04.01
- Financial assets held for trading, carrying amount must equal the sum of its two parts (v23403_h)Warning
- Debt securities, carrying amount must equal the sum of its two parts (v23396_h)Warning
- Equity instruments, carrying amount must equal the sum of its two parts (v23389_h)Warning
- Derivatives: carrying amount must equal domestic activities plus non-domestic activities (v23385_h)Warning
- Loans and advances, carrying amount must equal the sum of its two parts (v23377_h)Warning
- Households: carrying amount in F 04.01 plus carrying amount in F 04.06 must equal gross carrying amount held for trading or trading (all sheets added up) (v5349_m)Warning
- Loans and advances: non-financial corporations: carrying amount in F 04.01 plus carrying amount in F 04.06 must equal gross carrying amount held for trading or trading (all sheets added up) (v5348_m)Warning
- Loans and advances: other financial corporations: carrying amount in F 04.01 plus carrying amount in F 04.06 must equal gross carrying amount held for trading or trading (all sheets added up) (v5347_m)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.