The rule in plain words
Cash inflows maturing within the next 5 working days, amount or market value must equal cash inflows, up to 1 day plus cash inflows, greater than 1 day up to 5 days.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
Q_03.01: Cash inflows maturing within the next 5 working days = Q_03.03: Cash inflows, Up to 1 day + Q_03.03: Cash inflows, Greater than 1 day up to 5 days
What to do if your filing fails it
- 01Open the templates 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- 03If they differ, a part is missing, a value sits in the wrong column, or the total is out of date.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 and Q 03.03 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)
Row
- 0260Cash inflows maturing within the next 5 working days
Column
- 0010Amount/Market value
S 03.03 - maturity ladder for the composition of the reserve of assets (Q 03.03)
Row
- 0200Cash inflows
Columns
- 0010Up to 1 day
- 0020Greater than 1 day up to 5 days
A worked example
The first of its checks, with simple numbers.
Cash inflows maturing within the next 5 working days, amount or market value 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,r0260,c0010,} = sum({Q_03.03,r0200,c0010,},{Q_03.03,r0200,c0020,})Other rules on Q 03.01
- Adjustments must equal a calculation over six rows (v89198_m)Warning
- Reverse repos: collateral outflows maturing within the next 5 working days, amount or market value must equal the sum of its eight parts (v89200_m)Warning
- Others, amount or market value must equal the sum of its twelve parts (v89197_m)Warning
- Collateral outflows maturing within the next 5 working days: extremely high quality covered bonds, amount or market value must equal the sum of its two parts (row 0280, v89201_m)Warning
- Other highly liquid financial instruments, used as assets referenced, amount or market value must equal the sum of its twelve parts (v89196_m)Warning
- Cash outflows maturing within the next 5 working days, amount or market value must equal the sum of its two parts (v89202_m)Warning
- Extremely high quality covered bonds, amount or market value must equal the sum of its twelve parts (v89195_m)Warning
- Repos: collateral inflows maturing within the next 5 working days, amount or market value must equal the sum of its eight parts (v89203_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.