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1 min readWarningEBA reporting framework 4.2Updated 10 November 2026

Minimum amount of own funds requirements at reference date must equal the largest of three values (EBA rule v89454_m)

A warning in the own funds of token issuers return (MiCA own funds), on template Q 09.01, s 09.01 - own funds requirements.

Check your file against this ruleWhat to do if it fails

The rule in plain words

Minimum amount of own funds requirements at reference date must equal the largest of 350,000, 0.02 times average amount of the reserve of assets and quarter of the fixed overheads of the preceding year.

How the Line4 Check report words itShow

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

Minimum amount of own funds requirements at reference date = the largest of 350000, 0.02 × Average amount of the reserve of assets and Quarter of the fixed overheads of the preceding year

What to do if your filing fails it

  1. 01Open the template below and find the cells the rule reads.
  2. 02Work out both sides from your file, as the rule in plain words sets out, and compare them.
  3. 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
  4. 04It runs only when your filing indicators mark Q 09.01 as reported.
  5. 05This 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 09.01 - own funds requirements (Q 09.01)

Rows

  • 0010Minimum amount of own funds requirements at reference date
  • 0020Average amount of the reserve of assets
  • 0030Quarter of the fixed overheads of the preceding year

Column

  • 0010Amount
Show the rule as writtenShow

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

{Q_09.01,r0010,c0010,} = max(350000,0.02 * {Q_09.01,r0020,c0010,},{Q_09.01,r0030,c0010,})

Every MiCA own funds rule, by template

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