Line4

1 min readSwitched off by EBA on 13 September 2026EBA reporting framework 4.2Updated 10 November 2026

The absolute value of exposure value deducted from own funds cannot be more than the sum of six columns (EBA rule v7338_m)

A check in the own funds and capital requirements return (COREP own funds), on template C 14.01, (CR sec details) Detailed information on securitisations by approach.

EBA switched this rule off for filings submitted from 13 September 2026, in a quarterly update to its list of validation rules. It no longer applies, so a failure here does not count, and Line4 Check does not run it.

The rule in plain words

The absolute value of (-) exposure value deducted from own funds cannot be more than these six added up:

  • Senior, on-balance sheet items
  • Mezzanine, on-balance sheet items
  • First loss, on-balance sheet items
  • Senior, off-balance sheet items and derivatives
  • Mezzanine, off-balance sheet items and derivatives
  • First loss, off-balance sheet items and derivatives

All the values are on the internal assessment approach sheet (0050) of C 14.01.

EBA writes it out six times. These words are for the first; the others are the same rule on other cells.

The template it checks

(CR sec details) Detailed information on securitisations by approach (C 14.01)

Columns

  • 0310SENIOR
  • 0320MEZZANINE
  • 0330FIRST LOSS
  • 0340SENIOR
  • 0350MEZZANINE
  • 0360FIRST LOSS
  • 0420(-) EXPOSURE VALUE DEDUCTED FROM OWN FUNDS

Sheet

  • 0050Internal assessment approach
Show the rule as writtenShow

EBA's formula, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.

abs({C_14.01,,c0420,s0050}) <= {C_14.01,,c0310,s0050} + {C_14.01,,c0320,s0050} + {C_14.01,,c0330,s0050} + {C_14.01,,c0340,s0050} + {C_14.01,,c0350,s0050} + {C_14.01,,c0360,s0050}

And 5 more, the same formula for the other cells it covers.

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.