The rule in plain words
If accounting framework, nature of Report is Ifrs, and non-trading non-derivative financial assets measured at fair value to equity, carrying amount is more than zero, these three added up must be more than zero:
- Non-trading non-derivative financial assets measured at fair value to equity, level 2
- Non-trading non-derivative financial assets measured at fair value to equity, level 3
- Non-trading non-derivative financial assets measured at fair value to equity, level 1
The headline gives only the kind of check and the template, because the rule is too long to say in a headline. The plain words above say all of it.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
If F_00.01: Accounting framework is Ifrs and F_01.01: Non-trading non-derivative financial assets measured at fair value to equity > 0, then F_14.00: Non-trading non-derivative financial assets measured at fair value to equity, Level 2 + F_14.00: Non-trading non-derivative financial assets measured at fair value to equity, Level 3 + F_14.00: Non-trading non-derivative financial assets measured at fair value to equity, Level 1 > 0
What to do if your filing fails it
- 01Open the templates below and find the cells the rule reads.
- 02The check applies only when its first part holds in your file. When it does, the second part must hold too: fix the second part, or correct the first.
- 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, F 14.00 and F 00.01 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
Nature of Report (FINREP) (F 00.01)
Row
- 0010Accounting framework
Column
- 0010Nature of Report
Balance sheet statement: assets (F 01.01)
Row
- 0175Non-trading non-derivative financial assets measured at fair value to equity
Column
- 0010Carrying amount
Fair value hierarchy: financial instruments at fair value (F 14.00)
Row
- 0125Non-trading non-derivative financial assets measured at fair value to equity
Columns
- 0010Level 1
- 0020Level 2
- 0030Level 3
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
if (({F_00.01,r0010,c0010,} = {{[eba_AS:x2]}} and {F_01.01,r0175,c0010,} > 0)) then (sum({F_14.00,r0125,c0020,},{F_14.00,r0125,c0030,},{F_14.00,r0125,c0010,}) > 0) else TrueOther rules on F 00.01
- If accounting framework, nature of Report is Ifrs, and trading financial assets, carrying amount is more than zero, the sum of three columns must be more than zero (v5373_m)Warning
- A conditional check across nature of Report (FINREP) and two other templates (F 01.01, F 14.00, v5372_m)Warning
- If accounting framework, nature of Report is Ifrs, and derivatives, hedge accounting, carrying amount is more than zero, the sum of three columns must be more than zero (v4968_m)Warning
- Accounting framework must be reported (e4432_e)Warning
- Reporting Level must be reported (e4429_e)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.