The rule in plain words
For carrying amount: total must equal credit institutions plus other financial corporations.
EBA checks it for two rows: institution liabilities < 7 days and liabilities towards other entities of the resolution group. That makes two 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.
Institution liabilities < 7 days, Total, carrying Amount = Institution liabilities < 7 days, Credit institutions, carrying Amount + Institution liabilities < 7 days, Other financial corporations, carrying Amount
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- 03If they differ, a part is missing, a value sits in the wrong cell, or the total is out of date.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 Z 02.00 as reported.
- 06This is a blocking check. A filing that fails it is normally rejected, so fix it before you submit.
The cells it reads
Liability structure (LIAB) (Z 02.00.b)
Rows
- 0150Institution liabilities < 7 days
- 0210Liabilities towards other entities of the resolution group
Columns
- 0041Carrying Amount
- 0051Carrying Amount
- 0091Carrying Amount
A worked example
The first of its checks, with simple numbers.
Carrying amount, total must then be 2,000.
A file that reports 2,000 passes. One that reports 2,100 fails, by 100.
The numbers are illustrative, reported to the unit, so the rounding tolerance does not change the result.
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}.
{Z_02.00.b,r0150,c0091,} = {Z_02.00.b,r0150,c0041,} + {Z_02.00.b,r0150,c0051,}The next one:
{Z_02.00.b,r0210,c0091,} = {Z_02.00.b,r0210,c0041,} + {Z_02.00.b,r0210,c0051,}Other rules on Z 02.00.b
- Carrying amount, total must equal the sum of its seven parts (v6470_m)Blocking
- Carrying amount, total must equal carrying amount, households (v6472_m)Blocking
- Carrying amount, total must equal the sum of its eight parts (v6469_m)Blocking
- Carrying amount, total must equal carrying amount, general governments & central banks (v6473_m)Blocking
- Households: liabilities excluded from bail-in must equal the sum of its seven parts (v6479_m)Blocking
- Non-financial corporations (SMEs): liabilities excluded from bail-in must equal the sum of its seven parts (v6481_m)Blocking
- Credit institutions: liabilities excluded from bail-in must equal the sum of its eight parts (v6483_m)Blocking
- Liabilities excluded from bail-in must equal the sum of its nine parts (v6485_m)Blocking
Every RESOL1 rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.