The rule in plain words
Combined buffer requirements must equal these five worked out:
- Capital conservation buffer
- Institution specific countercyclical buffer
- Conservation buffer due to macro-prudential or systemic risk identified at the level of a member state
- Systemic risk buffer
- The larger of global systemically important institution buffer and other systemically important institution buffer
All the values are in the total row (0010) of C 06.01.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
Total, COMBINED BUFFER REQUIREMENTS = Total, CAPITAL CONSERVATION BUFFER + Total, INSTITUTION SPECIFIC COUNTERCYCLICAL BUFFER + Total, CONSERVATION BUFFER DUE TO MACRO-PRUDENTIAL OR SYSTEMIC RISK IDENTIFIED AT THE LEVEL OF A MEMBER STATE + Total, SYSTEMIC RISK BUFFER + the larger of Total, GLOBAL SYSTEMICALLY IMPORTANT INSTITUTION BUFFER and Total, OTHER SYSTEMICALLY IMPORTANT INSTITUTION BUFFER
What to do if your filing fails it
- 01Open the template 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 C 06.01 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
Group Solvency - total (C 06.01)
Row
- 0010Total
Columns
- 0410COMBINED BUFFER REQUIREMENTS
- 0420CAPITAL CONSERVATION BUFFER
- 0430INSTITUTION SPECIFIC COUNTERCYCLICAL BUFFER
- 0440CONSERVATION BUFFER DUE TO MACRO-PRUDENTIAL OR SYSTEMIC RISK IDENTIFIED AT THE LEVEL OF A MEMBER STATE
- 0450SYSTEMIC RISK BUFFER
- 0470GLOBAL SYSTEMICALLY IMPORTANT INSTITUTION BUFFER
- 0480OTHER SYSTEMICALLY IMPORTANT INSTITUTION BUFFER
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{C_06.01,r0010,c0410,} = {C_06.01,r0010,c0420,} + {C_06.01,r0010,c0430,} + {C_06.01,r0010,c0440,} + {C_06.01,r0010,c0450,} + max({C_06.01,r0010,c0470,},{C_06.01,r0010,c0480,})Other rules on C 06.01
- A calculation check across group Solvency: total and group Solvency (C 06.02, v4810_m)Warning
- Total cannot be negative (v4322_s)Warning
- Qualifying tier 1 instruments included in consolidated tier 1 capital must equal the sum of its two parts (v4160_m)Warning
- Qualifying own funds included in consolidated own funds must equal the sum of its two parts (v4159_m)Warning
- Total risk exposure amount must equal the sum of its four parts (v4158_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.
