The rule in plain words
Defaulted exposures in exposure classes 'CIUs' and ‘equity exposures’, exposure value arising from counterparty credit risk must be left empty.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
Of which: Arising from Counterparty Credit Risk: Of which: Defaulted exposures in exposure classes 'CIUs' and ‘equity exposures’ is empty
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Remove the value from this cell. A 0 is a value too, so leave the cell out of the file altogether.
- 03It runs only when your filing indicators mark C 07.00 as reported.
- 04This 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
Row
- 0015of which: Defaulted exposures in exposure classes 'CIUs' and ‘equity exposures’
Column
- 0210Of which: Arising from Counterparty Credit Risk
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
empty({C_07.00.b,r0015,c0210,})Other rules on C 07.00.b
- Total exposures cannot be less than exposures subject to infrastructure projects supporting factor (v09742_m)Warning
- Exposure value arising from counterparty credit risk cannot be less than arising from counterparty credit risk excluding exposures cleared through a CCP (v09744_m)Warning
- IPRE exposures meeting any of the conditions, exposure value arising from counterparty credit risk must be left empty (v22953_m)Warning
- Equity exposures under the IRB approach, exposure value arising from counterparty credit risk must be left empty (e22961_n)Warning
- Look-through approach, exposure value arising from counterparty credit risk must be left empty (v23007_m)Warning
- Mandate-based approach, exposure value arising from counterparty credit risk must be left empty (v23008_m)Warning
- Fall-back approach, exposure value arising from counterparty credit risk must be left empty (v23009_m)Warning
- Total exposures cannot be less than IPRE exposures meeting any of the conditions (v23010_m)Warning
Every COREP own funds rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.