Line4

1 min readWarningEBA reporting framework 4.2Updated 10 November 2026

The absolute value of long cannot be more than long (EBA rule v4846_m)

A warning in the own funds and capital requirements return (COREP own funds), on template C 20.00, market risk: standardised approach for specific risk in the correlation trading portfolio.

Check your file against this ruleWhat to do if it fails

The rule in plain words

The absolute value of (-) long cannot be more than long.

EBA checks it for twelve rows, from total exposures (0010) to other CTP positions (0120). That makes twelve checks. A failure names the one that failed.

How the Line4 Check report words itShow

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.

the absolute value of ORIGINATOR: TOTAL EXPOSURES, (-) Long <= ORIGINATOR: TOTAL EXPOSURES, Long

What to do if your filing fails it

  1. 01Open the template below and find the cells the rule reads.
  2. 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.
  3. 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
  4. 04It runs only when your filing indicators mark C 20.00 as reported.
  5. 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

Market risk: standardised approach for specific risk in the correlation trading portfolio (C 20.00)

Rows

  • 0010TOTAL EXPOSURES
  • 0020ORIGINATOR: TOTAL EXPOSURES
  • 0030SECURITISATIONS
  • 0040Other CTP positions
  • 0050INVESTOR: TOTAL EXPOSURES
  • 0060SECURITISATIONS
  • 0070Other CTP positions
  • 0080SPONSOR: TOTAL EXPOSURES
  • 0090SECURITISATIONS
  • 0100Other CTP positions
  • 0110N-th to default credit derivatives
  • 0120Other CTP positions

Columns

  • 0010Long
  • 0030(-) Long

A worked example

The first of its checks, with simple numbers.

Illustrative values
(-) long1,200
What the rule then expects

Long must then be at least 1,200.

1,200Passes
1,100Fails

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 writtenShow

EBA's formula, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.

abs({C_20.00,r0020,c0030,}) <= {C_20.00,r0020,c0010,}

The next five:

abs({C_20.00,r0040,c0030,}) <= {C_20.00,r0040,c0010,}abs({C_20.00,r0100,c0030,}) <= {C_20.00,r0100,c0010,}abs({C_20.00,r0050,c0030,}) <= {C_20.00,r0050,c0010,}abs({C_20.00,r0080,c0030,}) <= {C_20.00,r0080,c0010,}abs({C_20.00,r0010,c0030,}) <= {C_20.00,r0010,c0010,}

And 6 more, the same formula for the other cells it covers.

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.