The rule in plain words
Short positions must equal short positions covered by collateralized SFT plus other.
EBA checks it for two columns: amount and outflow. That makes two 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.
Amount: short positions = covered by collateralized SFT + other
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Add up the parts in your file and compare the result with the total.
- 03If they differ, a part is missing, a value sits in the wrong cell, or the total is out of date.
- 04EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 05It runs only when your filing indicators mark C 73.00 as reported.
- 06This 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
Liquidity coverage, outflows, total (DA) (C 73.00.a)
Rows
- 0350short positions
- 0360covered by collateralized SFT
- 0370other
Columns
- 0010Amount
- 0060Outflow
A worked example
The first of its checks, with simple numbers.
Short positions must then be 2,000.
A file that reports 2,000 passes. One that reports 2,100 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}.
{C_73.00.a,r0350,c0010,} = {C_73.00.a,r0360,c0010,} + {C_73.00.a,r0370,c0010,}The next one:
{C_73.00.a,r0350,c0060,} = {C_73.00.a,r0360,c0060,} + {C_73.00.a,r0370,c0060,}Other rules on C 73.00.a
- Loss of funding on structured financing activites must equal the sum of its two parts (v4493_m)Warning
- Additional outflows must equal the sum of its eleven parts (v4490_m)Warning
- Committed facilities must equal credit facilities plus liquidity facilities (v4494_m)Warning
- Non-operational deposits: deposits by other customers must equal the sum of its two parts (v4489_m)Warning
- Credit facilities must equal the sum of its seven parts (v4495_m)Warning
- Non-operational deposits must equal the sum of its three parts (v4488_m)Warning
- Credit facilities: to credit institutions must equal the sum of its three parts (v4496_m)Warning
- Operational deposits maintained in the context of IPS or a cooperative network must equal the sum of its two parts (v4487_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.