The rule in plain words
Allowances for credit-impaired debt instruments (Stage 3), closing balance minus cash balances at central banks and other demand deposits, closing balance must equal financial assets at fair value through other comprehensive income, credit-impaired assets (Stage 3) plus financial assets at amortised cost, credit-impaired assets (Stage 3).
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
F_12.01.A: Allowances for credit-impaired debt instruments (Stage 3), Closing balance - F_12.01.A: Cash balances at central banks and other demand deposits, Closing balance = F_04.03.1: FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME, Credit-impaired assets (Stage 3) + F_04.04.1: FINANCIAL ASSETS AT AMORTISED COST, Credit-impaired assets (Stage 3)
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 12.01 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
- 0180FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME
Column
- 0070Credit-impaired assets (Stage 3)
Breakdown of financial assets by instrument and by counterparty sector: financial assets at amortised cost (F 04.04.1)
Row
- 0140FINANCIAL ASSETS AT AMORTISED COST
Column
- 0070Credit-impaired assets (Stage 3)
Movements in allowances and provisions for credit losses (I) (F 12.01.a)
Rows
- 0360Allowances for credit-impaired debt instruments (Stage 3)
- 0365Cash balances at central banks and other demand deposits
Column
- 0100Closing balance
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{F_12.01.a,r0360,c0100,} - {F_12.01.a,r0365,c0100,} = {F_04.03.1,r0180,c0070,} + {F_04.04.1,r0140,c0070,}Other rules on F 04.03.1
- Allowances for debt instruments with significant increase in credit risk since initial recognition but not credit-impaired (Stage 2): loans and advances, closing balance must equal the sum of its two parts (v6035_m)Warning
- Allowances for credit-impaired debt instruments (Stage 3): debt securities, closing balance must equal the sum of its two parts (v6037_m)Warning
- Allowances for debt instruments with significant increase in credit risk since initial recognition but not credit-impaired (Stage 2): debt securities, closing balance must equal the sum of its two parts (v6034_m)Warning
- Allowances for credit-impaired debt instruments (Stage 3): loans and advances, closing balance must equal the sum of its two parts (v6038_m)Warning
- A balancing check across movements in allowances and provisions for credit losses, and breakdown of financial assets (F 12.01.a, F 04.04.1, row 0180, v6033_m)Warning
- Allowances for financial assets without increase in credit risk since initial recognition (Stage 1): loans and advances, closing balance must equal the sum of its two parts (v6032_m)Warning
- Allowances for financial assets without increase in credit risk since initial recognition (Stage 1): debt securities, closing balance must equal the sum of its two parts (v6031_m)Warning
- A balancing check across movements in allowances and provisions for credit losses, and breakdown of financial assets (F 12.01.a, F 04.04.1, row 0010, v6030_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.