The rule in plain words
These three added up must equal derivatives in F 20.04 (all sheets added up):
- Derivatives – hedge accounting
- Derivatives in F 01.01 (under trading financial assets)
- Derivatives in F 01.01 (under financial assets held for trading)
All the values are in the carrying amount column (0010).
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
F_01.01: Derivatives – Hedge accounting + F_01.01: Trading financial assets, derivatives + F_01.01: Financial assets held for trading, derivatives = F_20.04: Derivatives, Gross carrying amount (all sheets added up)
What to do if your filing fails it
- 01Open the templates below and find the cells the rule reads.
- 02Work out both sides from your file, as the rule in plain words sets out, and compare them.
- 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 01.01 and F 20.04 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)
Rows
- 0060Derivatives
- 0092Derivatives
- 0240Derivatives – Hedge accounting
Column
- 0010Carrying amount
Geographical breakdown of assets by residence of the counterparty (F 20.04)
Row
- 0010Derivatives
Column
- 0010Gross carrying amount
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
sum({F_01.01,r0240,c0010,},{F_01.01,r0092,c0010,},{F_01.01,r0060,c0010,}) = sum({F_20.04,r0010,c0010,})Other rules on F 01.01
- If non-trading non-derivative financial assets measured at fair value through profit or loss, carrying amount is more than zero, the sum of three columns must be more than zero (v5375_m)Warning
- Non-trading non-derivative financial assets measured at a cost-based method: equity instruments in F 15.00.a cannot be more than equity instruments in F 01.01 (v5144_m)Warning
- Non-trading non-derivative financial assets measured at fair value to equity: loans and advances: carrying amount must equal level 1 plus level 3 plus level 2 (v5091_m)Warning
- Debt securities: carrying amount must equal level 3 plus level 1 plus level 2 (v5090_m)Warning
- Non-trading non-derivative financial assets measured at fair value to equity: equity instruments: carrying amount must equal level 3 plus level 1 plus level 2 (v5089_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
- Loans and advances: carrying amount must equal level 3 plus level 1 plus level 2 (v5087_m)Warning
- Debt securities: carrying amount must equal level 2 plus level 3 plus level 1 (v5086_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.