The rule in plain words
Current period must be reported.
EBA checks it for three rows: interest income, interest expense, and profit or (-) loss for the year. That makes three checks. A failure names the one that failed.
How the Line4 Check report words itShowHide
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.
Interest income is reported
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Report a value in this cell. A 0 counts as reported; a cell left out of the file does not.
- 03It runs only when your filing indicators mark F 02.00 as reported.
- 04This 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
Statement of profit or loss (F 02.00)
Rows
- 0010Interest income
- 0090(Interest expense)
- 0670Profit or (-) loss for the year
Column
- 0010Current period
Show the rule as writtenShowHide
EBA's formula, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.
not(empty({F_02.00,r0010,c0010,}))The next two:
not(empty({F_02.00,r0670,c0010,}))not(empty({F_02.00,r0090,c0010,}))Other rules on F 02.00
- Modification gains or losses, net must equal the sum of its two parts (v5024_m)Warning
- Interest expense on assets, current period must equal the sum of its three parts (v4720_m)Warning
- Interest income on liabilities must equal the sum of its four parts (v4719_m)Warning
- Cash contributions to resolution funds and deposit guarantee schemes, current period must equal the sum of its two parts (v09886_h)Warning
- The sum of eight rows must equal financial assets at amortised cost, current period plus financial assets at fair value through other comprehensive income, current period (v10684_m)Warning
- Total operating income, net must equal a calculation over 18 rows (v1699_m)Warning
- The sum of five columns cannot be more than fee and commission expenses, current period (v1376_m)Warning
- The sum of five columns cannot be more than fee and commission income, current period (v1375_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.