The rule in plain words
None of the values it checks in breakdown of collateral and guarantees can be negative.
EBA checks it for seven columns: residential immovable property, commercial immovable property, cash, deposits, [debt securities issued], movable property, equity and debt securities, rest, and financial guarantees received. And for ten rows, from loans and advances (0010) to credit for consumption (0060). That makes 70 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.
Rest: Of which: Commercial Real Estate (CRE) loans to small and medium-sized enterprises >= 0
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Look for a value with the wrong sign in these cells, such as an amount entered as a negative number.
- 03EBA compares the values exactly here: there is no rounding tolerance.
- 04It runs only when your filing indicators mark F 13.01 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
Breakdown of collateral and guarantees by loans and advances other than held for trading (F 13.01)
Rows
- 0010Loans and advances
- 0015Of which: Non-performing
- 0020Of which: Other financial corporations
- 0030Of which: Non-financial corporations
- 0035Of which: Small and Medium-sized Enterprises (SMEs)
- 0036Of which: Commercial Real Estate (CRE) loans to small and medium-sized enterprises
- 0037Of which: Commercial Real Estate (CRE) loans to non-financial corporations other than SMEs
- 0040Of which: Households
- 0050Of which: Lending for house purchase
- 0060Of which: Credit for consumption
Columns
- 0010Residential immovable property
- 0020Commercial immovable property
- 0030Cash, deposits, [debt securities issued]
- 0031Movable property
- 0032Equity and debt securities
- 0041Rest
- 0050Financial guarantees received
A worked example
The first of its checks, with simple numbers.
Commercial Real Estate (CRE) loans to small and medium-sized enterprises, rest must then be at least 0.
A file that reports 0 passes. One that reports -100 fails, by 100.
The numbers are illustrative.
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_13.01,r0036,c0041,} >= 0The next five:
{F_13.01,r0050,c0030,} >= 0{F_13.01,r0050,c0020,} >= 0{F_13.01,r0015,c0010,} >= 0{F_13.01,r0020,c0010,} >= 0{F_13.01,r0037,c0050,} >= 0And 64 more, the same formula for the other cells it covers.
Other rules on F 13.01
- Loans and advances cannot be less than other financial corporations (v4959_m)Blocking
- Loans and advances cannot be less than non-financial corporations (v4960_m)Blocking
- Loans and advances cannot be less than households (v4961_m)Blocking
- The sum of three rows cannot be more than loans and advances (v1068_m)Blocking
- Small and medium-sized Enterprises (SMEs) cannot be more than non-financial corporations (v7787_m)Warning
- The sum of two rows cannot be more than non-financial corporations (v7788_m)Warning
- Lending for house purchase plus credit for consumption cannot be more than households (v7789_m)Warning
- Credit derivatives cannot be negative (v09599_s)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.