The rule in plain words
Financial liabilities held for trading cannot be negative.
EBA writes it out 41 times. These words are for the first; the others are the same rule on other cells.
The template it checks
Balance sheet statement: liabilities (F 01.02)
Row
- 0010Financial liabilities held for trading
Column
- 0010Carrying amount
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_01.02,r0010,c0010,} >= 0And 40 more, the same formula for the other cells it covers.
Other rules on F 01.02
- Provisions must equal the sum of its seven parts (v4210_m)Warning
- If financial liabilities held for trading, carrying amount is more than zero, the sum of three columns must be more than zero (v4966_m)Warning
- If financial liabilities designated at fair value through profit or loss, carrying amount is more than zero, the sum of three columns must be more than zero (v4967_m)Warning
- The sum of three columns cannot be more than trading financial liabilities, carrying amount (v5092_m)Warning
- Derivatives: level 3 plus level 1 plus level 2 cannot be more than carrying amount (v5093_m)Warning
- Short positions: level 2 plus level 3 plus level 1 cannot be more than carrying amount (v5094_m)Warning
- Deposits: level 3 plus level 1 plus level 2 cannot be more than carrying amount (v5095_m)Warning
- The sum of three columns cannot be more than debt securities issued, carrying amount (v5096_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.