The rule in plain words
Retail funding cannot be less than these five added up:
- Sight deposits
- Term deposits not withdrawable within the following 30 days
- Term deposits withdrawable within the following 30 days
- With a notice period for withdrawl greater than 30 days
- Without a notice period for withdrawl greater than 30 days
EBA checks it for three columns: carrying amount received, amount covered by a deposit guarantee scheme in accordance with Directive 2014/49/EU or an equivalent deposit guarantee scheme in a third co, and amount not covered by a deposit guarantee scheme in accordance with Directive 2014/49/EU or an equivalent deposit guarantee scheme in a thi. That makes three 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.
Carrying amount received: RETAIL FUNDING >= of which sight deposits + of which term deposits not withdrawable within the following 30 days + of which term deposits withdrawable within the following 30 days + with a notice period for withdrawl greater than 30 days + without a notice period for withdrawl greater than 30 days
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Compare the values in your file. If the first is smaller 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 C 68.00 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
Concentration of funding by product type, significant currencies (C 68.00.w)
Rows
- 0010RETAIL FUNDING
- 0020of which sight deposits
- 0031of which term deposits not withdrawable within the following 30 days
- 0041of which term deposits withdrawable within the following 30 days
- 0080with a notice period for withdrawl greater than 30 days
- 0090without a notice period for withdrawl greater than 30 days
Columns
- 0010Carrying amount received
- 0020Amount covered by a Deposit Guarantee Scheme in accordance with Directive 2014/49/EU or an equivalent deposit guarantee scheme in a third co
- 0030Amount not covered by a Deposit Guarantee Scheme in accordance with Directive 2014/49/EU or an equivalent deposit guarantee scheme in a thi
A worked example
The first of its checks, with simple numbers.
Retail funding must then be at least 2,900.
A file that reports 2,900 passes. One that reports 2,800 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, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.
{C_68.00.w,r0010,c0010,} >= {C_68.00.w,r0020,c0010,} + {C_68.00.w,r0031,c0010,} + {C_68.00.w,r0041,c0010,} + {C_68.00.w,r0080,c0010,} + {C_68.00.w,r0090,c0010,}The next two:
{C_68.00.w,r0010,c0030,} >= {C_68.00.w,r0020,c0030,} + {C_68.00.w,r0031,c0030,} + {C_68.00.w,r0041,c0030,} + {C_68.00.w,r0080,c0030,} + {C_68.00.w,r0090,c0030,}{C_68.00.w,r0010,c0020,} >= {C_68.00.w,r0020,c0020,} + {C_68.00.w,r0031,c0020,} + {C_68.00.w,r0041,c0020,} + {C_68.00.w,r0080,c0020,} + {C_68.00.w,r0090,c0020,}Other rules on C 68.00.w
- Carrying amount received must equal the sum of its two parts (v10686_m)Warning
- None of the 28 values it checks in concentration of funding can be negative (v4347_s)Warning
- Amount covered by a deposit guarantee scheme in accordance with Directive 2014/49/EU or an equivalent deposit guarantee scheme in a third co cannot be negative (v4346_s)Warning
- None of the 30 values it checks in concentration of funding can be negative (v4345_s)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.