The rule in plain words
Total liabilities and own funds including derivative liabilities must equal these three added up:
- Liabilities excluded from bail-in
- Liabilities not excluded from bail-in
- Own funds
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: Total liabilities and own funds including derivative liabilities = Liabilities excluded from bail-in + Liabilities not excluded from bail-in + Own funds
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- 03If they differ, a part is missing, a value sits in the wrong row, or the total is out of date.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 warning. It does not stop the filing on its own, but your authority may ask you to explain it.
The cells it reads
Liability structure (LIAB) (Z 02.00.a)
Rows
- 0100Liabilities excluded from bail-in
- 0300Liabilities not excluded from bail-in
- 0500Own funds
- 0600Total liabilities and own funds including derivative liabilities
Column
- 0090Outstanding Amount
A worked example
The first of its checks, with simple numbers.
Total liabilities and own funds including derivative liabilities must then be 2,450.
A file that reports 2,450 passes. One that reports 2,550 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. Cells are written as {template, row, column, sheet}.
{Z_02.00.a,r0600,c0090,} = {Z_02.00.a,r0100,c0090,} + {Z_02.00.a,r0300,c0090,} + {Z_02.00.a,r0500,c0090,}Other rules on Z 02.00.a
- Other MREL eligible liabilities must equal the sum of its two parts (v6510_m)Blocking
- Subordinated liabilities (not recognised as own funds) must equal the sum of its four parts (v6508_m)Blocking
- Senior non-preferred liabilities must equal the sum of its four parts (v6506_m)Blocking
- Senior unsecured liabilities must equal the sum of its four parts (v6504_m)Blocking
- Structured notes must equal the sum of its four parts (v6502_m)Blocking
- Uncollateralized secured liabilities must equal the sum of its four parts (v6500_m)Blocking
- Deposits, not covered and not preferential must equal the sum of its four parts (v6498_m)Blocking
- Deposits, not covered but preferential must equal the sum of its four parts (v6496_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.