The rule in plain words
Exposures sensitive to impact both from chronic and acute climate change events must not equal exposures sensitive to impact from chronic climate change events plus exposures sensitive to impact from acute climate change events.
All the values are in the repossessed collaterals row (0120) of D 05.00.a.
EBA writes it out twelve times. These words are for the first; the others are the same rule on other cells.
The template it checks
Banking book - Indicators of potential climate change physical risk: exposures subject to physical risk (I) (D 05.00.a)
Row
- 0120Repossessed collaterals
Columns
- 0070Of which exposures sensitive to impact from chronic climate change events
- 0080Of which exposures sensitive to impact from acute climate change events
- 0090Of which exposures sensitive to impact both from chronic and acute climate change events
Show the rule as writtenShowHide
EBA's formula, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.
{D_05.00.a,r0120,c0090,} != {D_05.00.a,r0120,c0070,} + {D_05.00.a,r0120,c0080,}And 11 more, the same formula for the other cells it covers.
Other rules on D 05.00.a
- Gross carrying amount (Mln EUR) cannot be less than the sum of four columns (row 0110, v89329_m)Warning
- The sum of 24 cells cannot be negative (row 0010, v89374_m)Warning
- The sum of 24 cells cannot be negative (row 0010, v89375_m)Warning
- Each of the 36 values it checks in banking book: Indicators of potential climate change physical risk cannot be more than zero (v12823_s)Warning
- None of the 132 values it checks in banking book: Indicators of potential climate change physical risk can be negative (v12822_s)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.