The rule in plain words
Repurchase agreements. encumbered assets, total plus repurchase agreements. encumbered collateral received, total must equal repurchase agreements, assets, collateral received and own debt securities issued other than covered bonds and securitisations encumbered minus central banks, assets, collateral received and own debt securities issued other than covered bonds and securitisations encumbered.
The headline gives only the kind of check and the template, because the rule is too long to say in a headline. The plain words above say all of it.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
F_36.01.A: Repurchase agreements. Encumbered assets, Total + F_36.02.A: Repurchase agreements. Encumbered collateral received, Total = F_32.04.B: Repurchase agreements, Assets, collateral received and own debt securities issued other than covered bonds and securitisations encumbered - F_32.04.B: Of which: central banks, Assets, collateral received and own debt securities issued other than covered bonds and securitisations encumbered
What to do if your filing fails it
- 01Open the templates below and find the cells the rule reads.
- 02Work out both sides from your file, as the rule in plain words sets out, and compare them.
- 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 36.01, F 36.02 and F 32.04 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
Asset encumbrance: sources of encumbrance (b) (F 32.04.b)
Rows
- 0050Repurchase agreements
- 0060Of which: central banks
Column
- 0030Assets, collateral received and own debt securities issued other than covered bonds and securitisations encumbered
Asset encumbrance: Advance template for assets of the reporting institution (a) (F 36.01.a)
Row
- 0070Repurchase agreements. Encumbered assets
Column
- 0180Total
Row
- 0070Repurchase agreements. Encumbered collateral received
Column
- 0190Total
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{F_36.01.a,r0070,c0180,} + {F_36.02.a,r0070,c0190,} = {F_32.04.b,r0050,c0030,} - {F_32.04.b,r0060,c0030,}Other rules on F 32.04.b
- A balancing check across asset encumbrance and asset encumbrance: sources of encumbrance (F 36.01.a, F 36.02.a, row 0090, v2933_m)Warning
- Covered bonds issued, assets, collateral received and own debt securities issued other than covered bonds and securitisations encumbered must equal the sum of its two parts (v2934_m)Warning
- A lower-limit check across asset encumbrance and asset encumbrance: sources of encumbrance (F 36.01.a, F 36.02.a, v2929_m)Warning
- Securitisations issued, assets, collateral received and own debt securities issued other than covered bonds and securitisations encumbered must equal the sum of its two parts (v2935_m)Warning
- A balancing check across asset encumbrance and asset encumbrance: sources of encumbrance (F 36.01.a, F 36.02.a, row 0150, v2936_m)Warning
- Other sources of encumbrance, assets, collateral received and own debt securities issued other than covered bonds and securitisations encumbered must equal the sum of its two parts (v2937_m)Warning
- A balancing check across asset encumbrance and asset encumbrance: sources of encumbrance (F 36.02.a, v2938_m)Warning
- A calculation over four cells must equal derivatives, collateral received re-used (v2939_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.