The rule in plain words
For gross carrying amount: loans and advances collateralised by immovable property cannot be more than loans collateralized by immovable property.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
F_23.03: Loans and advances collateralised by immovable property, Gross carrying amount <= F_05.01: of which: loans collateralized by immovable property, Gross carrying amount
What to do if your filing fails it
- 01Open the templates below and find the cells the rule reads.
- 02Compare the values in your file. If the first is bigger than it may be, one of them is wrong: check both before you change either.
- 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 04It runs only when your filing indicators mark F 23.03 and F 05.01 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
Row
- 0090of which: loans collateralized by immovable property
Column
- 0005Gross carrying amount
Loans and advances collateralised by immovable property: Breakdown by LTV ratios (F 23.03)
Row
- 0010Loans and advances collateralised by immovable property
Column
- 0010Gross carrying amount
A worked example
The first of its checks, with simple numbers.
Loans collateralized by immovable property, gross carrying amount must then be at least 1,200.
A file that reports 1,200 passes. One that reports 1,100 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}.
{F_23.03,r0010,c0010,} <= {F_05.01,r0090,c0005,}Other rules on F 05.01
- The sum of seven columns cannot be more than credit for consumption, households (v7786_m)Warning
- Loans and advances, households must equal a calculation over four columns (v6059_m)Warning
- Loans and advances, other financial corporations must equal a calculation over four columns (v6057_m)Warning
- Loans and advances, credit institutions cannot be less than a calculation over four columns (v6056_m)Warning
- Loans and advances, general governments must equal a calculation over four columns (v6055_m)Warning
- Loans and advances, central banks cannot be less than a calculation over four columns (v6054_m)Warning
- Central banks cannot be negative (v5674_s)Warning
- Non-financial corporations cannot be negative (v5673_s)Warning
Every FINREP 9 rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.