The rule in plain words
Total sources of encumbrance must equal carrying amount of selected financial liabilities plus other sources of encumbrance.
All the values are in the matching liabilities, contingent liabilities or securities lent column (0010) of F 32.04.a.
EBA writes it out two times. These words are for the first; the others are the same rule on other cells.
The template it checks
Asset encumbrance: sources of encumbrance (a) (F 32.04.a)
Rows
- 0010Carrying amount of selected financial liabilities
- 0120Other sources of encumbrance
- 0170TOTAL SOURCES OF ENCUMBRANCE
Column
- 0010Matching liabilities, contingent liabilities or securities lent
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}.
{F_32.04.a,r0170,c0010,} = {F_32.04.a,r0010,c0010,} + {F_32.04.a,r0120,c0010,}And 1 more, the same formula for the other cells it covers.
Other rules on F 32.04.a
- Other sources of encumbrance must equal the sum of its four parts (v2850_m)Warning
- Carrying amount of selected financial liabilities must equal the sum of its three parts (v2849_m)Warning
- Deposits must equal the sum of its two parts (v2848_m)Warning
- Securitisations issued cannot be more than debt securities issued (v2847_m)Warning
- Covered bonds issued cannot be more than debt securities issued (v2846_m)Warning
- Central banks cannot be more than collateralised deposits other than repurchase agreements (v2845_m)Warning
- Central banks cannot be more than repurchase agreements (v2844_m)Warning
- Over-the-Counter cannot be more than derivatives (v2843_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.