The rule in plain words
Origination date cannot be more than date of latest issuance.
The template it checks
Detailed information on securitisations (C 14.00)
Columns
- 0120ORIGINATION DATE
- 0121DATE OF LATEST ISSUANCE
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{C_14.00,,c0120,} <= {C_14.00,,c0121,}Other rules on C 14.00
- The absolute value of value adjustments and provisions must be less than total amount (v7340_m)Warning
- Institution's share cannot be more than 1 (v7341_m)Warning
- % of IRB in approach applied cannot be more than 1 (v7342_m)Warning
- Exposures in default w cannot be more than 1 (v7343_m)Warning
- El must be less than 1 (v7345_m)Warning
- Ul must be less than 1 (v7346_m)Warning
- Own funds requirements before securitisation Ksa must be between 0 and 1 (v7348_m)Warning
- Attachment point must be between 0 and 1 (column 0231, v7350_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.