The rule in plain words
Over-the-counter derivatives. encumbered collateral received, total minus over-the-counter derivatives. encumbered collateral received, own debt securities issued other than own covered bonds or securitisations must equal over-the-Counter, collateral received re-used.
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_36.02.A: Over-the-counter derivatives. Encumbered collateral received, Total - F_36.02.A: Over-the-counter derivatives. Encumbered collateral received, Own debt securities issued other than own covered bonds or securitisations = F_32.04.B: Of which: Over-The-Counter, Of which: collateral received re-used
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 36.02 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)
Row
- 0030Of which: Over-The-Counter
Column
- 0040Of which: collateral received re-used
Row
- 0050Over-the-counter derivatives. Encumbered collateral received
Columns
- 0180Own debt securities issued other than own covered bonds or securitisations
- 0190Total
A worked example
The first of its checks, with simple numbers.
Over-the-Counter, collateral received re-used must then be 400.
A file that reports 400 passes. One that reports 500 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_36.02.a,r0050,c0190,} - {F_36.02.a,r0050,c0180,} = {F_32.04.b,r0030,c0040,}Other rules on F 32.04.b
- 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 calculation over four cells must equal derivatives, collateral received re-used (v2939_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
- An upper-limit check across asset encumbrance and asset encumbrance: sources of encumbrance (F 36.02.a, v2940_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
- Derivatives, own debt securities encumbered must equal the sum of its two parts (v2941_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
- Repurchase agreements. encumbered collateral received, own debt securities issued other than own covered bonds or securitisations cannot be more than repurchase agreements, own debt securities encumbered (v2942_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.