The rule in plain words
For debt securities: add up these three:
- > 90 days
- > 30 days ≤ 90 days
- ≤ 30 days
The result cannot be more than these four added up:
- Assets without significant increase in credit risk since initial recognition (Stage 1) in F 04.03.1, gross carrying amount
- Assets without significant increase in credit risk since initial recognition (Stage 1) in F 04.03.1, accumulated impairment
- Assets without significant increase in credit risk since initial recognition (Stage 1) in F 04.04.1, gross carrying amount
- Assets without significant increase in credit risk since initial recognition (Stage 1) in F 04.04.1, accumulated impairment
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
F_07.01: Debt securities, > 90 days + F_07.01: Debt securities, > 30 days ≤ 90 days + F_07.01: Debt securities, ≤ 30 days <= F_04.03.1: Debt securities, Gross carrying amount, assets without significant increase in credit risk since initial recognition (Stage 1) + F_04.03.1: Debt securities, Accumulated impairment, assets without significant increase in credit risk since initial recognition (Stage 1) + F_04.04.1: Debt securities, Gross carrying amount, assets without significant increase in credit risk since initial recognition (Stage 1) + F_04.04.1: Debt securities, Accumulated impairment, assets without significant increase in credit risk since initial recognition (Stage 1)
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 07.01 and F 04.03.1 or F 04.04.1 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
Row
- 0050Debt securities
Columns
- 0015Assets without significant increase in credit risk since initial recognition (Stage 1)
- 0050Assets without significant increase in credit risk since initial recognition (Stage 1)
Breakdown of financial assets by instrument and by counterparty sector: financial assets at amortised cost (F 04.04.1)
Row
- 0010Debt securities
Columns
- 0015Assets without significant increase in credit risk since initial recognition (Stage 1)
- 0050Assets without significant increase in credit risk since initial recognition (Stage 1)
Financial assets subject to impairment that are past due (F 07.01)
Row
- 0060Debt securities
Columns
- 0010≤ 30 days
- 0020> 30 days ≤ 90 days
- 0030> 90 days
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
sum({F_07.01,r0060,c0030,},{F_07.01,r0060,c0020,},{F_07.01,r0060,c0010,}) <= {F_04.03.1,r0050,c0015,} + {F_04.03.1,r0050,c0050,} + {F_04.04.1,r0010,c0015,} + {F_04.04.1,r0010,c0050,}Other rules on F 04.03.1
- Assets without significant increase in credit risk since initial recognition (Stage 1): central banks: > 30 days ≤ 90 days plus ≤ 30 days plus > 90 days cannot be more than the sum of four cells (v5386_m)Warning
- Debt securities: general governments: ≤ 30 days plus > 30 days ≤ 90 days plus > 90 days cannot be more than the sum of four cells (v5387_m)Warning
- Debt securities, assets without significant increase in credit risk since initial recognition (Stage 1): credit institutions: > 90 days plus ≤ 30 days plus > 30 days ≤ 90 days cannot be more than the sum of four cells (v5388_m)Warning
- Debt securities: other financial corporations: > 30 days ≤ 90 days plus > 90 days plus ≤ 30 days cannot be more than the sum of four cells (v5389_m)Warning
- Non-financial corporations: > 90 days plus > 30 days ≤ 90 days plus ≤ 30 days cannot be more than the sum of four cells (v5390_m)Warning
- Assets without significant increase in credit risk since initial recognition (Stage 1): loans and advances: > 30 days ≤ 90 days plus ≤ 30 days plus > 90 days cannot be more than the sum of four cells (v5391_m)Warning
- Loans and advances: central banks: ≤ 30 days plus > 90 days plus > 30 days ≤ 90 days cannot be more than the sum of four cells (v5392_m)Warning
- Loans and advances: general governments: > 30 days ≤ 90 days plus > 90 days plus ≤ 30 days cannot be more than the sum of four cells (v5393_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.