The rule in plain words
None of the values it checks in breakdown of interests in unconsolidated structured entities can be negative.
EBA checks it for three columns: securitisation special purpose entities, asset management and other activities. And for 13 rows, from selected financial assets recognised in the reporting institution's balance sheet (0010) to non-performing (0131). That makes 39 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.
Securitisation Special Purpose Entities: Selected financial assets recognised in the reporting institution's balance sheet >= 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 30.02 as reported.
- 05This is a blocking check. A filing that fails it is normally rejected, so fix it before you submit.
The cells it reads
Breakdown of interests in unconsolidated structured entities by nature of the activities (F 30.02)
Rows
- 0010Selected financial assets recognised in the reporting institution's balance sheet
- 0021of which: non-performing
- 0030Derivatives
- 0040Equity instruments
- 0050Debt securities
- 0060Loans and advances
- 0070Selected equity and financial liabilities recognised in the reporting institution's balance sheet
- 0080Equity instruments issued
- 0090Derivatives
- 0100Deposits
- 0110Debt securities issued
- 0120Off-balance sheet exposures given by the reporting institution
- 0131of which: non-performing
Columns
- 0010Securitisation Special Purpose Entities
- 0020Asset management
- 0030Other activities
A worked example
The first of its checks, with simple numbers.
Selected financial assets recognised in the reporting institution's balance sheet, securitisation special purpose entities 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_30.02,r0010,c0010,} >= 0The next five:
{F_30.02,r0010,c0020,} >= 0{F_30.02,r0010,c0030,} >= 0{F_30.02,r0021,c0010,} >= 0{F_30.02,r0021,c0020,} >= 0{F_30.02,r0021,c0030,} >= 0And 33 more, the same formula for the other cells it covers.
Other rules on F 30.02
- Non-performing cannot be more than selected financial assets recognised in the reporting institution's balance sheet (v3154_m)Warning
- Non-performing cannot be more than off-balance sheet exposures given by the reporting institution (v3141_m)Warning
- Selected equity and financial liabilities recognised in the reporting institution's balance sheet must equal the sum of its four parts (v1001_m)Warning
- Selected financial assets recognised in the reporting institution's balance sheet must equal the sum of its four parts (v0999_m)Warning
- Selected financial assets recognised in the reporting institution's balance sheet must equal the sum of its four parts (v23873_h)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.