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2 min readWarningEBA reporting framework 4.2Updated 10 November 2026

Reverse repos: collateral outflows maturing within the next 5 working days, amount or market value must equal the sum of its eight parts (EBA rule v89200_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 reverse repos: collateral outflows maturing within the next 5 working days, amount or market value must equal these eight added up:

  • Other reserve assets, up to 1 day
  • Assets under Article 1(1)(c)(iii) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and conce, up to 1 day
  • Assets under Article 1(1)(c)(ii) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and concen, up to 1 day
  • Other reserve assets, greater than 1 day up to 5 days
  • Assets under Article 1(1)(c)(i) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and concent, greater than 1 day up to 5 days
  • Assets under Article 1(1)(c)(iii) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and conce, greater than 1 day up to 5 days
  • Assets under Article 1(1)(c)(i) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and concent, up to 1 day
  • Assets under Article 1(1)(c)(ii) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and concen, greater than 1 day up to 5 days
How the Line4 Check report words itShow

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

Q_03.01: Collateral outflows maturing within the next 5 working days = Q_03.03: Other reserve assets, Up to 1 day + Q_03.03: Assets under Article 1(1)(c)(iii) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and conce, Up to 1 day + Q_03.03: Assets under Article 1(1)(c)(ii) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and concen, Up to 1 day + Q_03.03: Other reserve assets, Greater than 1 day up to 5 days + Q_03.03: Assets under Article 1(1)(c)(i) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and concent, Greater than 1 day up to 5 days + Q_03.03: Assets under Article 1(1)(c)(iii) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and conce, Greater than 1 day up to 5 days + Q_03.03: Assets under Article 1(1)(c)(i) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and concent, Up to 1 day + Q_03.03: Assets under Article 1(1)(c)(ii) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and concen, Greater than 1 day up to 5 days

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 cell, 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

  • 0270Collateral outflows 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)

Rows

  • 0220Assets under Article 1(1)(c)(i) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and concent
  • 0230Assets under Article 1(1)(c)(ii) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and concen
  • 0240Assets under Article 1(1)(c)(iii) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and conce
  • 0250Other reserve assets

Columns

  • 0010Up to 1 day
  • 0020Greater than 1 day up to 5 days
Show the rule as writtenShow

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

{Q_03.01,r0270,c0010,} = sum({Q_03.03,r0250,c0010,},{Q_03.03,r0240,c0010,},{Q_03.03,r0230,c0010,},{Q_03.03,r0250,c0020,},{Q_03.03,r0220,c0020,},{Q_03.03,r0240,c0020,},{Q_03.03,r0220,c0010,},{Q_03.03,r0230,c0020,})

Every MiCA rule, by template

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