The rule in plain words
For non-trading non-derivative financial assets measured at fair value through profit or loss: carrying amount must equal these three added up:
- Level 1
- Level 2
- Level 3
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
F_14.00: Non-trading non-derivative financial assets measured at fair value through profit or loss, Level 1 + F_14.00: Non-trading non-derivative financial assets measured at fair value through profit or loss, Level 2 + F_14.00: Non-trading non-derivative financial assets measured at fair value through profit or loss, Level 3 = F_01.01: Non-trading non-derivative financial assets measured 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.
- 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- 03If they differ, a part is missing, a value sits in the wrong column, or the total is out of date.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 F 01.01 and F 14.00 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
Balance sheet statement: assets (F 01.01)
Row
- 0171Non-trading non-derivative financial assets measured at fair value through profit or loss
Column
- 0010Carrying amount
Fair value hierarchy: financial instruments at fair value (F 14.00)
Row
- 0121Non-trading non-derivative financial assets measured at fair value through profit or loss
Columns
- 0010Level 1
- 0020Level 2
- 0030Level 3
A worked example
The first of its checks, with simple numbers.
Non-trading non-derivative financial assets measured at fair value through profit or loss, carrying amount must then be 2,450.
A file that reports 2,450 passes. One that reports 2,550 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}.
sum({F_14.00,r0121,c0010,},{F_14.00,r0121,c0020,},{F_14.00,r0121,c0030,}) = {F_01.01,r0171,c0010,}Other rules on F 01.01
- Loans and advances: carrying amount must equal level 2 plus level 3 plus level 1 (v5083_m)Warning
- Non-trading non-derivative financial assets measured at fair value through profit or loss: equity instruments: carrying amount must equal level 3 plus level 1 plus level 2 (v5085_m)Warning
- Financial assets at fair value through other comprehensive income: debt securities: carrying amount must equal level 3 plus level 2 plus level 1 (v5082_m)Warning
- Debt securities: carrying amount must equal level 2 plus level 3 plus level 1 (v5086_m)Warning
- Financial assets at fair value through other comprehensive income: equity instruments: carrying amount must equal level 3 plus level 1 plus level 2 (v5081_m)Warning
- Loans and advances: carrying amount must equal level 3 plus level 1 plus level 2 (v5087_m)Warning
- Financial assets at fair value through other comprehensive income, carrying amount must equal the sum of its three parts (v5080_m)Warning
- Non-trading non-derivative financial assets measured at fair value to equity, carrying amount must equal the sum of its three parts (v5088_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.