The rule in plain words
If total capital ratio is at most 0.08, surplus or Deficit of total capital must be negative.
All the values are in the amount column (0010) of C 03.00.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
If Total capital ratio <= 0.08, then Surplus(+)/Deficit(-) of total capital < 0
What to do if your filing fails it
- 01Open the template 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 C 03.00 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
Capital adequacy - ratios (C 03.00)
Rows
- 0050Total capital ratio
- 0060Surplus(+)/Deficit(-) of total capital
Column
- 0010Amount
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
if ({C_03.00,r0050,c0010,} < 0.08) then ({C_03.00,r0060,c0010,} < 0) else TrueOther rules on C 03.00
- If T1 capital ratio is at most 0.06, surplus or Deficit of T1 capital cannot be more than zero (v6255_m)Warning
- If surplus or Deficit of total capital is negative, total capital ratio cannot be more than 0.08 (v6257_m)Blocking
- If surplus or Deficit of T1 capital is negative, T1 capital ratio cannot be more than 0.06 (v6254_m)Blocking
- If CET1 capital ratio is at most 0.045, surplus or Deficit of CET1 capital must be negative (v6253_m)Warning
- If surplus or Deficit of CET1 capital is negative, CET1 capital ratio cannot be more than 0.045 (v6252_m)Blocking
- Total SREP capital requirement ratio (TSCR) must be at least 0.08 (v6260_m)Warning
- TSCR: to be made up of CET1 capital must be at least 0.045 (v6261_m)Warning
- TSCR: to be made up of Tier 1 must be at least 0.06 (v6262_m)Warning
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.