The rule in plain words
Own funds requirements before securitisation (%) Ksa must be between 0 and 1.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
OWN FUNDS REQUIREMENTS BEFORE SECURITISATION (%) Ksa: 0 <= OWN FUNDS REQUIREMENTS BEFORE SECURITISATION (%) Ksa and OWN FUNDS REQUIREMENTS BEFORE SECURITISATION (%) Ksa <= 1
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Look for a value outside the range in these cells.
- 03If the value is a percentage, EBA expects it as a decimal: 12% is reported as 0.12.
- 04EBA compares the values exactly here: there is no rounding tolerance.
- 05It runs only when your filing indicators mark C 14.00 as reported.
- 06This 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
Detailed information on securitisations (C 14.00)
Column
- 0223OWN FUNDS REQUIREMENTS BEFORE SECURITISATION (%) Ksa
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
0 <= {C_14.00,,c0223,} and {C_14.00,,c0223,} <= 1Other rules on C 14.00
- Ul must be less than 1 (v7346_m)Warning
- Attachment point must be between 0 and 1 (column 0231, v7350_m)Warning
- El must be less than 1 (v7345_m)Warning
- Detachment point cannot be more than attachment point (v7351_m)Warning
- Exposures in default w cannot be more than 1 (v7343_m)Warning
- Date of latest issuance must be less than first foreseeable termination date (v7353_m)Not run yet
- % of IRB in approach applied cannot be more than 1 (v7342_m)Warning
- Institution's share cannot be more than 1 (v7341_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.