The rule in plain words
For financial assets designated at fair value through profit or loss: carrying amount in F 15.00.a plus carrying amount of assets still recognised [continuing involvement] cannot be more than carrying amount in F 01.01.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
F_15.00.A: Financial assets designated at fair value through profit or loss, Carrying amount + F_15.00.A: Financial assets designated at fair value through profit or loss, Carrying amount of assets still recognised [continuing involvement] <= F_01.01: Financial assets designated at fair value through profit or loss
What to do if your filing fails it
- 01Open the templates 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 F 15.00 and F 01.01 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
Balance sheet statement: assets (F 01.01)
Row
- 0100Financial assets designated at fair value through profit or loss
Column
- 0010Carrying amount
Row
- 0050Financial assets designated at fair value through profit or loss
Columns
- 0010Carrying amount
- 0080Carrying amount of assets still recognised [continuing involvement]
A worked example
The first of its checks, with simple numbers.
Financial assets designated at fair value through profit or loss, carrying amount in F 01.01 must then be at least 2,000.
A file that reports 2,000 passes. One that reports 1,900 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. Cells are written as {template, row, column, sheet}.
{F_15.00.a,r0050,c0010,} + {F_15.00.a,r0050,c0080,} <= {F_01.01,r0100,c0010,}Other rules on F 01.01
- The sum of two columns cannot be more than financial assets at fair value through other comprehensive income, carrying amount in F 01.01 (v5010_m)Warning
- The sum of two columns cannot be more than financial assets at amortised cost, carrying amount in F 01.01 (v5011_m)Warning
- A balancing check across breakdown of non-trading loans and advances, and balance sheet statement: assets (F 05.01, v5013_m)Warning
- Non-trading financial assets mandatorily at fair value through profit or loss must equal the sum of its three parts (v5019_m)Blocking
- Financial assets at amortised cost must equal debt securities plus loans and advances (v5020_m)Blocking
- Non-trading non-derivative financial assets measured at a cost-based method must equal the sum of its three parts (v5021_m)Blocking
- Other non-trading non-derivative financial assets in F 15.00.a cannot be more than other non-trading non-derivative financial assets in F 01.01 (v4974_m)Warning
- Non-trading non-derivative financial assets measured at a cost-based method in F 15.00.a cannot be more than non-trading non-derivative financial assets measured at a cost-based method in F 01.01 (v4973_m)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.