The rule in plain words
Value of collateral extended according to Article 9 cannot be negative.
EBA checks it for 19 rows, from collateral extended meets operational requirements (0945) to memorandum items secured by L2B (1430). That makes 19 checks. A failure names the one that failed.
How the Line4 Check report words itShowHide
The first of its checks, word for word as the report shows it when it fails. The others read the same, with their own column, row or sheet.
Value of collateral extended according to Article 9: of which: secured by L1 excl. EHQCB >= 0
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Look for a value with the wrong sign in these cells, such as an amount entered as a negative number.
- 03EBA compares the values exactly here: there is no rounding tolerance.
- 04It runs only when your filing indicators mark C 73.00 as reported.
- 05This 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
Liquidity coverage, outflows, total (DA) (C 73.00.a)
Rows
- 0945of which collateral extended meets operational requirements
- 0955of which collateral extended meets operational requirements
- 0965of which collateral extended meets operational requirements
- 0975of which collateral extended meets operational requirements
- 0985of which collateral extended meets operational requirements
- 0995of which collateral extended meets operational requirements
- 1005of which collateral extended meets operational requirements
- 1035of which collateral extended meets operational requirements
- 1045of which collateral extended meets operational requirements
- 1055of which collateral extended meets operational requirements
- 1065of which collateral extended meets operational requirements
- 1075of which collateral extended meets operational requirements
- 1085of which collateral extended meets operational requirements
- 1095of which collateral extended meets operational requirements
- 1310of which: secured
- 1400of which: secured by L1 excl. EHQCB
- 1410of which: secured by L1 EHQCB
- 1420of which: secured by L2A
- 1430of which: secured by L2B
Column
- 0030Value of collateral extended according to Article 9
A worked example
The first of its checks, with simple numbers.
Memorandum items secured by L1 excl. EHQCB, value of collateral extended according to Article 9 must then be at least 0.
A file that reports 0 passes. One that reports -100 fails, by 100.
The numbers are illustrative.
Show the rule as writtenShowHide
EBA's formula, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.
{C_73.00.a,r1400,c0030,} >= 0The next five:
{C_73.00.a,r1055,c0030,} >= 0{C_73.00.a,r1095,c0030,} >= 0{C_73.00.a,r1310,c0030,} >= 0{C_73.00.a,r0985,c0030,} >= 0{C_73.00.a,r1005,c0030,} >= 0And 13 more, the same formula for the other cells it covers.
Other rules on C 73.00.a
- Market value of collateral extended cannot be negative (v7756_s)Warning
- Applicable weight cannot be negative (v7755_s)Warning
- Outflow cannot be negative (v7754_s)Warning
- Amount cannot be negative (v7753_s)Warning
- To credit institutions: applicable weight must be at least 0.05 (v7587_m)Warning
- Applicable weight must be at least 0.2 (v7586_m)Warning
- Applicable weight must be at least 0.25 (row 1090, v7585_m)Warning
- Applicable weight must be at least 0.75 (v7584_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.