The rule in plain words
Reserve of assets must equal unadjusted reserve of assets plus adjustments.
All the values are in the amount or market value column (0010) of Q 03.01.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
Reserve of assets = Unadjusted reserve of assets + Adjustments
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Add up the parts in your file and compare the result with the total.
- 03If they differ, a part is missing, a value sits in the wrong row, or the total is out of date.
- 04EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 05It runs only when your filing indicators mark Q 03.01 as reported.
- 06This 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_03.01: composition of the reserve of assets by type of assets and maturities (Q 03.01)
Rows
- 0010Reserve of assets
- 0020Unadjusted reserve of assets
- 0240Adjustments
Column
- 0010Amount/Market value
A worked example
The first of its checks, with simple numbers.
Reserve of assets must then be 2,000.
A file that reports 2,000 passes. One that reports 2,100 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}.
{Q_03.01,r0010,c0010,} = {Q_03.01,r0020,c0010,} + {Q_03.01,r0240,c0010,}Other rules on Q 03.01
- Coins and banknotes, amount or market value must equal the sum of its twelve parts (v89185_m)Warning
- Deposits with credit institutions, amount or market value must equal the sum of its twelve parts (v89186_m)Warning
- Commodities, amount or market value must equal the sum of its twelve parts (v89187_m)Warning
- Assets representing claims on or guaranteed by central banks, amount or market value must equal the sum of its twelve parts (v89188_m)Warning
- Assets representing claims on or guaranteed by central governments, amount or market value must equal the sum of its twelve parts (v89189_m)Warning
- Assets representing claims on or guaranteed by regional governments / local authorities, amount or market value must equal the sum of its twelve parts (v89190_m)Warning
- Assets representing claims on or guaranteed by public sector entities, amount or market value must equal the sum of its twelve parts (v89191_m)Warning
- Assets representing claims on or guaranteed by credit institutions (protected by Member State government, promotional lender), amount or market value must equal the sum of its twelve parts (v89192_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.