The rule in plain words
Deposits cannot be negative.
EBA writes it out 39 times. These words are for the first; the others are the same rule on other cells.
The template it checks
Reconciliation between IFRS and CRR scope of consolidation: liabilities (F 17.03)
Row
- 0142Deposits
Column
- 0010Accounting scope of consolidation [carrying 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_17.03,r0142,c0010,} >= 0And 38 more, the same formula for the other cells it covers.
Other rules on F 17.03
- Tax liabilities must equal current tax liabilities plus deferred tax liabilities (v5148_m)Warning
- Accounting scope of consolidation [carrying amount] cannot be more than zero (v2061_s)Warning
- Non-trading non-derivative financial liabilities measured at a cost-based method must equal the sum of its three parts (v1770_m)Warning
- Trading financial liabilities must equal the sum of its five parts (v1769_m)Warning
- Total equity and total liabilities must equal total liabilities plus total equity (v1135_m)Warning
- Total equity must equal the sum of its 14 parts (v1134_m)Warning
- Total liabilities must equal the sum of its 14 parts (v1133_m)Warning
- Financial liabilities measured at amortised cost must equal the sum of its three parts (v1132_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.