The rule in plain words
Current period cannot be negative.
EBA checks it for 48 rows, from fee and commission income (0010) to other fee and commission expenses (0290). That makes 48 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.
Treasury services >= 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 22.01 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
Fee and commission income and expenses by activity (F 22.01)
Rows
- 0010Fee and commission income
- 0020Securities
- 0030Issuances
- 0040Transfer orders
- 0050Other fee and commission income in relation to securities
- 0051Corporate Finance
- 0052M&A advisory
- 0053Treasury services
- 0054Other fee and commission income in relation to corporate finance activities
- 0055Fee based advice
- 0060Clearing and settlement
- 0070Asset management
- 0080Custody [by type of customer]
- 0090Collective investment
- 0100Other fee and commission income in relation to custody services
- 0110Central administrative services for collective investment
- 0120Fiduciary transactions
- 0131Payment services
- 0132Current accounts
- 0133Credit cards
- 0134Debit cards and other card payments
- 0135Transfers and other payment orders
- 0136Other fee and commission income in relation to payment services
- 0140Customer resources distributed but not managed [by type of product]
- 0150Collective investment
- 0160Insurance products
- 0170Other fee and commission income in relation to customer resources distributed but not managed
- 0180Structured Finance
- 0190Loan servicing activities
- 0200Loan commitments given
- 0210Financial guarantees given
- 0211Loans granted
- 0213Foreign exchange
- 0214Commodities
- 0220Other fee and commission income
- 0230(Fee and commission expenses)
- 0235(Securities)
- 0240(Clearing and settlement)
- 0245(Asset management)
- 0250(Custody)
And 8 more.
Column
- 0010Current period
A worked example
The first of its checks, with simple numbers.
Treasury services 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_22.01,r0053,c0010,} >= 0The next five:
{F_22.01,r0260,c0010,} >= 0{F_22.01,r0150,c0010,} >= 0{F_22.01,r0055,c0010,} >= 0{F_22.01,r0240,c0010,} >= 0{F_22.01,r0210,c0010,} >= 0And 42 more, the same formula for the other cells it covers.
Other rules on F 22.01
- Customer resources distributed but not managed [by type of product] must equal the sum of its three parts (v1987_h)Warning
- Custody [by type of customer] must equal the sum of its two parts (v1986_h)Warning
- Securities must equal the sum of its three parts (v1985_h)Blocking
- Fee and commission expenses must equal the sum of its eleven parts (v1048_m)Warning
- Fee and commission income must equal the sum of its 18 parts (v1047_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.