Line4

1 min readWarningEBA reporting framework 4.2Updated 10 November 2026

Amount cannot be negative (Q 09.01, EBA rule v89020_s)

A warning in the own funds of token issuers return (MiCA own funds), on template Q 09.01, s 09.01 - own funds requirements.

Check your file against this ruleWhat to do if it fails

The rule in plain words

Amount cannot be negative.

EBA checks it for seven rows: minimum amount of own funds requirements at reference date, average amount of the reserve of assets, quarter of the fixed overheads of the preceding year, own funds amount at reference date, additional own funds requirements, additional own funds requirements due to stress testing outcome, and ratio between the own funds amount and the average amount of the reserve of assets. That makes seven checks. A failure names the one that failed.

How the Line4 Check report words itShow

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.

Average amount of the reserve of assets >= 0

What to do if your filing fails it

  1. 01Open the template below and find the cells the rule reads.
  2. 02Look for a value with the wrong sign in these cells, such as an amount entered as a negative number.
  3. 03EBA compares the values exactly here: there is no rounding tolerance.
  4. 04It runs only when your filing indicators mark Q 09.01 as reported.
  5. 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

S 09.01 - own funds requirements (Q 09.01)

Rows

  • 0010Minimum amount of own funds requirements at reference date
  • 0020Average amount of the reserve of assets
  • 0030Quarter of the fixed overheads of the preceding year
  • 0040Own funds amount at reference date
  • 0050Additional own funds requirements
  • 0060Additional own funds requirements due to stress testing outcome
  • 0070Ratio between the own funds amount and the average amount of the reserve of assets

Column

  • 0010Amount

A worked example

The first of its checks, with simple numbers.

What the rule then expects

Average amount of the reserve of assets must then be at least 0.

0Passes
-100Fails

A file that reports 0 passes. One that reports -100 fails, by 100.

The numbers are illustrative.

Show the rule as writtenShow

EBA's formula, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.

{Q_09.01,r0020,c0010,} >= 0

The next five:

{Q_09.01,r0040,c0010,} >= 0{Q_09.01,r0030,c0010,} >= 0{Q_09.01,r0010,c0010,} >= 0{Q_09.01,r0070,c0010,} >= 0{Q_09.01,r0050,c0010,} >= 0

And 1 more, the same formula for the other cells it covers.

Every MiCA own funds rule, by template

Checks like this one, run at the point of submission, are the first step to real-time supervision.