The rule in plain words
Innovative funding structures sold to households already holding bank deposits cannot be more than innovative funding structures sold to households.
EBA checks it for four columns: actual current position, planned Year 1 Position, planned Year 2 Position and planned Year 3 Position. That makes four 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.
Actual current position: o/w sold to households already holding bank deposits <= o/w sold to households
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Compare the values in your file. If the first is bigger than it may be, one of them is wrong: check both before you change either.
- 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 04It runs only when your filing indicators mark P 02.03 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
Innovative funding structures (P 02.03)
Rows
- 030o/w sold to households
- 040o/w sold to households already holding bank deposits
Columns
- 010Actual current position
- 030Planned Year 1 Position
- 040Planned Year 2 Position
- 050Planned Year 3 Position
A worked example
The first of its checks, with simple numbers.
Innovative funding structures sold to households must then be at least 1,200.
A file that reports 1,200 passes. One that reports 1,100 fails, by 100.
The numbers are illustrative, reported to the unit, so the rounding tolerance does not change the result.
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}.
{P_02.03,r040,c010,} <= {P_02.03,r030,c010,}The next three:
{P_02.03,r040,c050,} <= {P_02.03,r030,c050,}{P_02.03,r040,c040,} <= {P_02.03,r030,c040,}{P_02.03,r040,c030,} <= {P_02.03,r030,c030,}Other rules on P 02.03
- Innovative funding structures sold to households cannot be more than current debt or debt-like innovative funding structures (v4139_m)Warning
- Innovative funding structures sold to SME cannot be more than current debt or debt-like innovative funding structures (v4138_m)Warning
- None of the 16 values it checks in innovative funding structures can be negative (v4398_s)Warning
- The absolute value of current debt or debt-like innovative funding structures cannot be less than the absolute value of innovative funding structures sold to SME (v23582_h)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.