The rule in plain words
Total, losses incurred by the reporting institution in the current period cannot be more than zero.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
Losses incurred by the reporting institution in the current period: Total <= 0
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Look for a value with the wrong sign in these cells, such as an amount entered as a negative number.
- 03EBA compares the values exactly here: there is no rounding tolerance.
- 04It runs only when your filing indicators mark F 30.01 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
Interests in unconsolidated structured entities (F 30.01)
Row
- 0010Total
Column
- 0080Losses incurred by the reporting institution in the current period
A worked example
The first of its checks, with simple numbers.
What the rule then expects
Total, losses incurred by the reporting institution in the current period can then be at most 0.
0Passes
100Fails
A file that reports 0 passes. One that reports 100 fails, by 100.
The numbers are illustrative.
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{F_30.01,r0010,c0080,} <= 0Other rules on F 30.01
- Total cannot be negative (v3972_s)Warning
- The sum of nine cells cannot be more than total, carrying amount of financial liabilities recognised in the balance sheet (v1020_m)Warning
- Total, liquidity support drawn must equal the sum of its six parts (v1019_m)Warning
- Total, nominal amount off-balance sheet exposures given by the reporting entity must equal the sum of its three parts (v1018_m)Warning
- The sum of three columns cannot be more than total, carrying amount of financial assets recognised in the balance sheet (v1017_m)Warning
- If liquidity support drawn is not zero, fair value of liquidity support drawn cannot be zero (v0998_m)Warning
- Nominal amount of loan commitments given cannot be more than nominal amount off-balance sheet exposures given by the reporting entity (v0997_m)Warning
- Liquidity support drawn cannot be more than carrying amount of financial assets recognised in the balance sheet (v0996_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.