The rule in plain words
Inflows from secured lending and capital market-driven transactions must equal counterparty is central bank plus counterparty is non-central bank.
EBA checks it for six columns: subject to the 75% cap on inflows (0010), subject to the 90% cap on inflows (0020), exempted from the cap on inflows (0030), subject to the 75% cap on inflows (0140), subject to the 90% cap on inflows (0150) and exempted from the cap on inflows (0160). That makes six checks. A failure names the one that failed.
How the Line4 Check report words itShowHide
The first of its checks, word for word as the report shows it when it fails. The others read the same, with their own column, row or sheet.
Subject to the 75% cap on inflows: Inflows from secured lending and capital market-driven transactions = Counterparty is central bank + Counterparty is non-central bank
What to do if your filing fails it
- 01Open the template 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- 03If they differ, a part is missing, a value sits in the wrong cell, or the total is out of date.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 C 74.00 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
Liquidity coverage, inflows, total (DA) (C 74.00.a)
Rows
- 0263Inflows from secured lending and capital market-driven transactions
- 0265Counterparty is central bank
- 0305Counterparty is non-central bank
Columns
- 0010Subject to the 75% cap on inflows
- 0020Subject to the 90% cap on inflows
- 0030Exempted from the cap on inflows
- 0140Subject to the 75% cap on inflows
- 0150Subject to the 90% cap on inflows
- 0160Exempted from the cap on inflows
A worked example
The first of its checks, with simple numbers.
Inflows from secured lending and capital market-driven transactions 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, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.
{C_74.00.a,r0263,c0140,} = {C_74.00.a,r0265,c0140,} + {C_74.00.a,r0305,c0140,}The next five:
{C_74.00.a,r0263,c0030,} = {C_74.00.a,r0265,c0030,} + {C_74.00.a,r0305,c0030,}{C_74.00.a,r0263,c0160,} = {C_74.00.a,r0265,c0160,} + {C_74.00.a,r0305,c0160,}{C_74.00.a,r0263,c0020,} = {C_74.00.a,r0265,c0020,} + {C_74.00.a,r0305,c0020,}{C_74.00.a,r0263,c0150,} = {C_74.00.a,r0265,c0150,} + {C_74.00.a,r0305,c0150,}{C_74.00.a,r0263,c0010,} = {C_74.00.a,r0265,c0010,} + {C_74.00.a,r0305,c0010,}Other rules on C 74.00.a
- A calculation check across liquidity coverage, inflows, total (DA) and liquidity coverage, collateral swaps, total (DA) (C 75.01.a, row 0410, v11884_m)Warning
- A calculation check across liquidity coverage, inflows, total (DA) and liquidity coverage, collateral swaps, total (DA) (C 75.01.a, row 0410, v11882_m)Warning
- A calculation check across liquidity coverage, inflows, total (DA) and liquidity coverage, collateral swaps, total (DA) (C 75.01.a, row 0410, v11880_m)Warning
- Exempted from the cap on inflows: if amount is zero or more, applicable weight cannot be negative (v10721_m)Warning
- Subject to the 90% cap on inflows: if amount is zero or more, applicable weight cannot be negative (v10719_m)Warning
- Counterparty is non-central bank must equal the sum of its three parts (v10629_m)Warning
- Counterparty is central bank must equal the sum of its three parts (v10628_m)Warning
- None of the 54 values it checks in liquidity coverage, inflows, total (DA) can be negative (v7779_s)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.