The rule in plain words
Loans collateralised by commercial immovable property cannot be more than non-financial corporations.
EBA checks it for eleven columns, from gross carrying amount / nominal amount of exposures with forbearance measures (0010) to forbearance of exposures non-performing prior to forbearance (0110). That makes eleven checks. A failure names the one that failed.
How the Line4 Check report words itShowHide
The first of its checks, word for word as the report shows it when it fails. The others read the same, with their own column, row or sheet.
Performing exposures with forbearance measures: Of which: Loans collateralised by commercial immovable property <= Non-financial corporations
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Compare the values in your file. If the first is bigger 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 19.00 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
Information on forborne exposures (I) (F 19.00.a)
Rows
- 0120Non-financial corporations
- 0140Of which: Loans collateralised by commercial immovable property
Columns
- 0010Gross carrying amount / nominal amount of exposures with forbearance measures
- 0020Performing exposures with forbearance measures
- 0030Instruments with modifications in their terms and conditions
- 0040Refinancing
- 0050of which: Performing forborne exposures under probation reclassified from non-performing
- 0060Non-performing exposures with forbearance measures
- 0070Instruments with modifications in their terms and conditions
- 0080Refinancing
- 0090of which: Defaulted
- 0100of which: Impaired
- 0110of which: Forbearance of exposures non-performing prior to forbearance
A worked example
The first of its checks, with simple numbers.
Non-financial corporations must then be at least 1,200.
A file that reports 1,200 passes. One that reports 1,100 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, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.
{F_19.00.a,r0140,c0020,} <= {F_19.00.a,r0120,c0020,}The next five:
{F_19.00.a,r0140,c0040,} <= {F_19.00.a,r0120,c0040,}{F_19.00.a,r0140,c0050,} <= {F_19.00.a,r0120,c0050,}{F_19.00.a,r0140,c0010,} <= {F_19.00.a,r0120,c0010,}{F_19.00.a,r0140,c0060,} <= {F_19.00.a,r0120,c0060,}{F_19.00.a,r0140,c0110,} <= {F_19.00.a,r0120,c0110,}And 5 more, the same formula for the other cells it covers.
Other rules on F 19.00.a
- Performing exposures with forbearance measures: the absolute value of non-financial corporations cannot be less than the absolute value of small and medium-sized Enterprises (v3113_h)Blocking
- Loans collateralised by residential immovable property cannot be more than households (v3117_m)Warning
- Credit for consumption cannot be more than households (v3119_m)Warning
- Debt instruments other than held for trading or trading must equal the sum of its three parts (v3110_m)Warning
- Debt instruments at fair value through other comprehensive income or through equity subject to impairment: loans and advances must equal the sum of its six parts (v3104_m)Warning
- Debt instruments at fair value through other comprehensive income or through equity subject to impairment: debt securities must equal the sum of its five parts (v3101_m)Warning
- Debt instruments valued at cost or at amortised cost: loans and advances must equal the sum of its six parts (v3095_m)Warning
- Debt instruments valued at cost or at amortised cost: debt securities must equal the sum of its five parts (v3092_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.