The rule in plain words
Equity instruments cannot be less than these three added up:
- Credit institutions
- Other financial corporations
- Non-financial corporations
All the values are in the carrying amount column (0010) of F 04.02.1.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
Carrying amount: Equity instruments >= of which: credit institutions + of which: other financial corporations + of which: non-financial corporations
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Compare the values in your file. If the first is smaller 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 04.02.1 as reported.
- 05This is a blocking check. A filing that fails it is normally rejected, so fix it before you submit.
The cells it reads
Rows
- 0010Equity instruments
- 0020of which: credit institutions
- 0030of which: other financial corporations
- 0040of which: non-financial corporations
Column
- 0010Carrying amount
A worked example
The first of its checks, with simple numbers.
Equity instruments must then be at least 2,450.
A file that reports 2,450 passes. One that reports 2,350 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_04.02.1,r0010,c0010,} >= {F_04.02.1,r0020,c0010,} + {F_04.02.1,r0030,c0010,} + {F_04.02.1,r0040,c0010,}Other rules on F 04.02.1
- Debt securities, gross carrying amount or nominal amount must equal a calculation over four cells (v5170_m)Blocking
- Debt securities: central banks, gross carrying amount or nominal amount must equal a calculation over four cells (v5171_m)Blocking
- Debt securities: general governments, gross carrying amount or nominal amount must equal a calculation over four cells (v5172_m)Blocking
- Debt securities: credit institutions, gross carrying amount or nominal amount must equal a calculation over four cells (v5173_m)Blocking
- Debt securities: other financial corporations, gross carrying amount or nominal amount must equal a calculation over four cells (v5174_m)Blocking
- Debt securities: non-financial corporations, gross carrying amount or nominal amount must equal a calculation over four cells (v5175_m)Blocking
- Loans and advances, gross carrying amount or nominal amount must equal a calculation over four cells (v5176_m)Blocking
- Loans and advances: central banks, gross carrying amount or nominal amount must equal a calculation over four cells (v5177_m)Blocking
Every FINREP 9 rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.