The rule in plain words
Total unencumbered collateral received, securitisations issued by other entities of the group cannot be less than securitisations, issued by other entities of the group.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
F_36.02.C: Total unencumbered collateral received, of which: issued by other entities of the group >= F_32.02.A: Of which: securitisations, Of which: issued by other entities of the group
What to do if your filing fails it
- 01Open the templates 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 36.02 and F 32.02 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
Asset encumbrance: encumbrance overview - collateral (a) (F 32.02.a)
Row
- 0180Of which: securitisations
Column
- 0050Of which: issued by other entities of the group
Row
- 0210Total unencumbered collateral received
Column
- 0070of which: issued by other entities of the group
A worked example
The first of its checks, with simple numbers.
Securitisations, issued by other entities of the group can then be at most 1,200.
A file that reports 1,200 passes. One that reports 1,300 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.c,r0210,c0070,} >= {F_32.02.a,r0180,c0050,}Other rules on F 32.02.a
- Total unencumbered collateral received, securitisations must equal the sum of its two parts (v3003_m)Warning
- Total unencumbered collateral received, debt securities issued by general governments must equal the sum of its two parts (v3005_m)Warning
- Total unencumbered collateral received cannot be less than covered bonds (v3002_m)Warning
- Total unencumbered collateral received, debt securities issued by financial corporations must equal the sum of its two parts (v3006_m)Warning
- Total unencumbered collateral received, covered bonds must equal the sum of its two parts (v3001_m)Warning
- Total unencumbered collateral received, debt securities issued by non financial corporations must equal the sum of its two parts (v3007_m)Warning
- Total unencumbered collateral received, debt securities must equal the sum of its two parts (v3000_m)Warning
- Loans and advances other than loans on demand, fair value of encumbered collateral received or own debt securities issued must equal the sum of its four parts (v3008_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.