The rule in plain words
Liabilities excluded from bail-in must equal these eleven added up:
- Covered deposits
- Secured liabilities - collateralized part
- Client liabilities, if protected in insolvency
- Fiduciary liabilities, if protected in insolvency
- Institution liabilities < 7 days
- System (operator) and CCP liabilities < 7 days
- Employee liabilities
- Liabilities critical to operational daily functioning
- Tax and social security authorities liabilities, if preferred
- DGS liabilities
- Liabilities towards other entities of the resolution group
All the values are in the outstanding amount column (0090) of Z 02.00.a.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
Outstanding Amount: Liabilities excluded from bail-in = Covered deposits + Secured liabilities - collateralized part + Client liabilities, if protected in insolvency + Fiduciary liabilities, if protected in insolvency + Institution liabilities < 7 days + System (operator) and CCP liabilities < 7 days + Employee liabilities + Liabilities critical to operational daily functioning + Tax and social security authorities liabilities, if preferred + DGS liabilities + Liabilities towards other entities of the resolution group
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- 03If they differ, a part is missing, a value sits in the wrong row, or the total is out of date.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.a)
Rows
- 0100Liabilities excluded from bail-in
- 0110Covered deposits
- 0120Secured liabilities - collateralized part
- 0130Client liabilities, if protected in insolvency
- 0140Fiduciary liabilities, if protected in insolvency
- 0150Institution liabilities < 7 days
- 0161System (operator) and CCP liabilities < 7 days
- 0170Employee liabilities
- 0180Liabilities critical to operational daily functioning
- 0190Tax and social security authorities liabilities, if preferred
- 0200DGS liabilities
- 0210Liabilities towards other entities of the resolution group
Column
- 0090Outstanding Amount
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{Z_02.00.a,r0100,c0090,} = {Z_02.00.a,r0110,c0090,} + {Z_02.00.a,r0120,c0090,} + {Z_02.00.a,r0130,c0090,} + {Z_02.00.a,r0140,c0090,} + {Z_02.00.a,r0150,c0090,} + {Z_02.00.a,r0161,c0090,} + {Z_02.00.a,r0170,c0090,} + {Z_02.00.a,r0180,c0090,} + {Z_02.00.a,r0190,c0090,} + {Z_02.00.a,r0200,c0090,} + {Z_02.00.a,r0210,c0090,}Other rules on Z 02.00.a
- General governments & central banks: liabilities excluded from bail-in must equal the sum of its eight parts (v6488_m)Blocking
- Liabilities governed by the law of a third country, excluding intragroup: liabilities excluded from bail-in must equal the sum of its seven parts (v6492_m)Blocking
- Liabilities excluded from bail-in must equal the sum of its nine parts (v6486_m)Blocking
- Liabilities not excluded from bail-in must equal the sum of its eleven parts (v6494_m)Blocking
- Credit institutions: liabilities excluded from bail-in must equal the sum of its eight parts (v6484_m)Blocking
- Deposits, not covered but preferential must equal the sum of its four parts (v6496_m)Blocking
- Non-financial corporations (non-SMEs): liabilities excluded from bail-in must equal the sum of its seven parts (v6482_m)Blocking
- Deposits, not covered and not preferential must equal the sum of its four parts (v6498_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.