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2 min readWarningEBA reporting framework 4.2Updated 10 November 2026

Other highly liquid financial instruments, used as assets referenced, amount or market value must equal the sum of its twelve parts (EBA rule v89196_m)

A warning in the asset-referenced and e-money tokens return (MiCA), on templates Q 03.01, s_03.01: composition of the reserve of assets by type of assets and maturities and Q 03.03, s 03.03 - maturity ladder for the composition of the reserve of assets.

Check your file against this ruleWhat to do if it fails

The rule in plain words

For other highly liquid financial instruments: used as assets referenced, amount or market value must equal these twelve added up, all for used as assets referenced:

  • Greater than 3 months up to 6 months
  • Up to 1 day
  • Greater than 6 months up to 12 months
  • Greater than 60 months
  • Greater than 1 month up to 2 months
  • Greater than 12 months up to 36 months
  • Greater than 2 months up to 3 months
  • Greater than 5 days up to 2 weeks
  • Greater than 2 weeks up to 3 weeks
  • Greater than 1 day up to 5 days
  • Greater than 3 weeks up to 1 month
  • Greater than 36 months up to 60 months
How the Line4 Check report words itShow

Word for word as the report shows it when the rule fails.

Q_03.01: Other highly liquid financial instruments, used as assets referenced = Q_03.03: Other highly liquid financial instruments, used as assets referenced, Greater than 3 months up to 6 months + Q_03.03: Other highly liquid financial instruments, used as assets referenced, Up to 1 day + Q_03.03: Other highly liquid financial instruments, used as assets referenced, Greater than 6 months up to 12 months + Q_03.03: Other highly liquid financial instruments, used as assets referenced, Greater than 60 months + Q_03.03: Other highly liquid financial instruments, used as assets referenced, Greater than 1 month up to 2 months + Q_03.03: Other highly liquid financial instruments, used as assets referenced, Greater than 12 months up to 36 months + Q_03.03: Other highly liquid financial instruments, used as assets referenced, Greater than 2 months up to 3 months + Q_03.03: Other highly liquid financial instruments, used as assets referenced, Greater than 5 days up to 2 weeks + Q_03.03: Other highly liquid financial instruments, used as assets referenced, Greater than 2 weeks up to 3 weeks + Q_03.03: Other highly liquid financial instruments, used as assets referenced, Greater than 1 day up to 5 days + Q_03.03: Other highly liquid financial instruments, used as assets referenced, Greater than 3 weeks up to 1 month + Q_03.03: Other highly liquid financial instruments, used as assets referenced, Greater than 36 months up to 60 months

What to do if your filing fails it

  1. 01Open the templates below and find the cells the rule reads.
  2. 02Add up the parts in your file and compare the result with the total.
  3. 03If they differ, a part is missing, a value sits in the wrong column, or the total is out of date.
  4. 04EBA allows a small rounding difference, worked out from the decimals each value is reported with.
  5. 05It runs only when your filing indicators mark Q 03.01 and Q 03.03 as reported.
  6. 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)

Row

  • 0210Other highly liquid financial instruments, used as assets referenced

Column

  • 0010Amount/Market value

S 03.03 - maturity ladder for the composition of the reserve of assets (Q 03.03)

Row

  • 0170Other highly liquid financial instruments, used as assets referenced

Columns

  • 0010Up to 1 day
  • 0020Greater than 1 day up to 5 days
  • 0030Greater than 5 days up to 2 weeks
  • 0040Greater than 2 weeks up to 3 weeks
  • 0050Greater than 3 weeks up to 1 month
  • 0060Greater than 1 month up to 2 months
  • 0070Greater than 2 months up to 3 months
  • 0080Greater than 3 months up to 6 months
  • 0090Greater than 6 months up to 12 months
  • 0100Greater than 12 months up to 36 months
  • 0110Greater than 36 months up to 60 months
  • 0120Greater than 60 months
Show the rule as writtenShow

EBA's formula. Cells are written as {template, row, column, sheet}.

{Q_03.01,r0210,c0010,} = sum({Q_03.03,r0170,c0080,},{Q_03.03,r0170,c0010,},{Q_03.03,r0170,c0090,},{Q_03.03,r0170,c0120,},{Q_03.03,r0170,c0060,},{Q_03.03,r0170,c0100,},{Q_03.03,r0170,c0070,},{Q_03.03,r0170,c0030,},{Q_03.03,r0170,c0040,},{Q_03.03,r0170,c0020,},{Q_03.03,r0170,c0050,},{Q_03.03,r0170,c0110,})

Every MiCA rule, by template

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