The rule in plain words

Total exposures must equal these eight added up:

Central governments or central banks
Regional governments or local authorities
Public sector entities
Institutions
Corporates
Retail
Collective investments undertakings (CIU)
Equity

EBA checks it for twelve columns, from original exposure pre conversion factors (0010) to expected loss amount (0130). That makes twelve checks. A failure names the one that failed.

How the Line4 Check report words itShow

The first of its checks, word for word as the report shows it when it fails. The others read the same, with their own column, row or sheet.

EXPOSURE VALUE: Total exposures = Central governments or central banks + Regional governments or local authorities + Public sector entities + Institutions + Corporates + Retail + Collective investments undertakings (CIU) + Equity

What to do if your filing fails it

01Open the template below and find the cells the rule reads.
02Add up the parts in your file and compare the result with the total.
03If they differ, a part is missing, a value sits in the wrong cell, or the total is out of date.
04EBA allows a small rounding difference, worked out from the decimals each value is reported with.
05It runs only when your filing indicators mark C 09.02 as reported.
06This 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

Geographical breakdown of exposures by residence of the obligor (IRB exposures) (C 09.02)

Rows

0010Central governments or central banks
0012Regional governments or local authorities
0013Public sector entities
0020Institutions
0030Corporates
0060Retail
0132Collective investments undertakings (CIU)
0140Equity
0150Total exposures

Columns

0010ORIGINAL EXPOSURE PRE CONVERSION FACTORS
0030Of which: defaulted
0040Observed new defaults for the period
0050General credit risk adjustments
0055Specific credit risk adjustments
0060Write-offs
0070Credit risk adjustments/write-offs for observed new defaults
0105EXPOSURE VALUE
0110RISK WEIGHTED EXPOSURE AMOUNT PRE SUPPORTING FACTOR
0120Of which: defaulted
0125RISK WEIGHTED EXPOSURE AMOUNT AFTER SUPPORTING FACTOR
0130EXPECTED LOSS AMOUNT

Show the rule as writtenShow

EBA's formula, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.

{C_09.02,r0150,c0105,} = {C_09.02,r0010,c0105,} + {C_09.02,r0012,c0105,} + {C_09.02,r0013,c0105,} + {C_09.02,r0020,c0105,} + {C_09.02,r0030,c0105,} + {C_09.02,r0060,c0105,} + {C_09.02,r0132,c0105,} + {C_09.02,r0140,c0105,}

The next five:

{C_09.02,r0150,c0030,} = {C_09.02,r0010,c0030,} + {C_09.02,r0012,c0030,} + {C_09.02,r0013,c0030,} + {C_09.02,r0020,c0030,} + {C_09.02,r0030,c0030,} + {C_09.02,r0060,c0030,} + {C_09.02,r0132,c0030,} + {C_09.02,r0140,c0030,}

{C_09.02,r0150,c0120,} = {C_09.02,r0010,c0120,} + {C_09.02,r0012,c0120,} + {C_09.02,r0013,c0120,} + {C_09.02,r0020,c0120,} + {C_09.02,r0030,c0120,} + {C_09.02,r0060,c0120,} + {C_09.02,r0132,c0120,} + {C_09.02,r0140,c0120,}

{C_09.02,r0150,c0050,} = {C_09.02,r0010,c0050,} + {C_09.02,r0012,c0050,} + {C_09.02,r0013,c0050,} + {C_09.02,r0020,c0050,} + {C_09.02,r0030,c0050,} + {C_09.02,r0060,c0050,} + {C_09.02,r0132,c0050,} + {C_09.02,r0140,c0050,}

{C_09.02,r0150,c0125,} = {C_09.02,r0010,c0125,} + {C_09.02,r0012,c0125,} + {C_09.02,r0013,c0125,} + {C_09.02,r0020,c0125,} + {C_09.02,r0030,c0125,} + {C_09.02,r0060,c0125,} + {C_09.02,r0132,c0125,} + {C_09.02,r0140,c0125,}

{C_09.02,r0150,c0130,} = {C_09.02,r0010,c0130,} + {C_09.02,r0012,c0130,} + {C_09.02,r0013,c0130,} + {C_09.02,r0020,c0130,} + {C_09.02,r0030,c0130,} + {C_09.02,r0060,c0130,} + {C_09.02,r0132,c0130,} + {C_09.02,r0140,c0130,}

And 6 more, the same formula for the other cells it covers.

Every COREP own funds rule, by template

Checks like this one, run at the point of submission, are the first step to real-time supervision.

Total exposures must equal the sum of its eight parts (EBA rule v6052_m)

The rule in plain words

What to do if your filing fails it

The cells it reads

Other rules on C 09.02