The rule in plain words
None of the values it checks in loans and advances: number of instruments can be negative.
EBA checks it for three columns: performing, past due > 30 days <= 90 days and exposures with forbearance measures. And for seven rows: loans and advances, households, loans collateralised by residential immovable property, non-financial corporations - SMEs, commercial Real Estate (CRE) loans to SMEs, non-financial corporations - other than SMEs, and commercial Real Estate (CRE) loans to NFCs other than SMEs. That makes 21 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.
Performing: of which: Non-financial corporations - SMEs >= 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 F 23.01 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
Loans and advances: number of instruments (F 23.01)
Rows
- 0010Loans and advances
- 0020of which: Households
- 0030of which: Loans collateralised by residential immovable property
- 0040of which: Non-financial corporations - SMEs
- 0050of which: Commercial Real Estate (CRE) loans to SMEs
- 0060of which: Non-financial corporations - other than SMEs
- 0070of which: Commercial Real Estate (CRE) loans to NFCs other than SMEs
Columns
- 0030Performing
- 0040of which: Past due > 30 days <= 90 days
- 0050of which: Exposures with forbearance measures
A worked example
The first of its checks, with simple numbers.
Non-financial corporations - SMEs, performing 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}.
{F_23.01,r0040,c0030,} >= 0The next five:
{F_23.01,r0060,c0040,} >= 0{F_23.01,r0030,c0050,} >= 0{F_23.01,r0040,c0040,} >= 0{F_23.01,r0040,c0050,} >= 0{F_23.01,r0070,c0030,} >= 0And 15 more, the same formula for the other cells it covers.
Other rules on F 23.01
- Exposures with forbearance measures, number of instruments must equal the sum of its two parts (v8305_h)Warning
- None of the 294 values it checks in loans and advances: number of instruments can be negative (v8307_s)Warning
- Number of instruments must equal non Performing plus performing (v8304_h)Warning
- Loans and advances in litigation status: non-financial corporations, other than SMEs cannot be less than commercial Real Estate (CRE) loans to NFCs other than SMEs (v8127_m)Warning
- Loans and advances in litigation status: non-financial corporations, SMEs cannot be less than commercial Real Estate (CRE) loans to SMEs (v8126_m)Warning
- Loans and advances in litigation status: households cannot be less than loans collateralised by residential immovable property (v8125_m)Warning
- Loans and advances in pre-litigation status: non-financial corporations, other than SMEs cannot be less than commercial Real Estate (CRE) loans to NFCs other than SMEs (v8124_m)Warning
- Loans and advances in pre-litigation status: non-financial corporations, SMEs cannot be less than commercial Real Estate (CRE) loans to SMEs (v8123_m)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.