The rule in plain words
Committed credit facilities must equal committed credit facilities considered as Level 2B by the receiver plus other.
All the values are on the total currencies sheet (0010) of C 66.01.a.
EBA checks it for 21 columns, from overnight (0020) to greater than 5 years (0220). That makes 21 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.
Greater than 4 days up to 5 days: Committed credit facilities, Total currencies = Considered as Level 2B by the receiver, Total currencies + Other, Total currencies
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- 03If they differ, a part is missing, a value sits in the wrong cell, or the total is out of date.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 66.01 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
Maturity ladder, total, overnight and higher maturity (C 66.01.a)
Rows
- 1100Committed credit facilities
- 1110Considered as Level 2B by the receiver
- 1120Other
Columns
- 0020Overnight
- 0030Greater than overnight up to 2 days
- 0040Greater than 2 days up to 3 days
- 0050Greater than 3 days up to 4 days
- 0060Greater than 4 days up to 5 days
- 0070Greater than 5 days up to 6 days
- 0080Greater than 6 days up to 7 days
- 0090Greater than 7 days up to 2 weeks
- 0100Greater than 2 weeks up to 3 weeks
- 0110Greater than 3 weeks up to 30 days
- 0120Greater than 30 days up to 5 weeks
- 0130Greater than 5 weeks up to 2 months
- 0140Greater than 2 months up to 3 months
- 0150Greater than 3 months up to 4 months
- 0160Greater than 4 months up to 5 months
- 0170Greater than 5 months up to 6 months
- 0180Greater than 6 months up to 9 months
- 0190Greater than 9 months up to 12 months
- 0200Greater than 12 months up to 2 years
- 0210Greater than 2 years up to 5 years
- 0220Greater than 5 years
Sheet
- 0010Total currencies
A worked example
The first of its checks, with simple numbers.
Committed credit facilities 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_66.01.a,r1100,c0060,s0010} = {C_66.01.a,r1110,c0060,s0010} + {C_66.01.a,r1120,c0060,s0010}The next five:
{C_66.01.a,r1100,c0100,s0010} = {C_66.01.a,r1110,c0100,s0010} + {C_66.01.a,r1120,c0100,s0010}{C_66.01.a,r1100,c0220,s0010} = {C_66.01.a,r1110,c0220,s0010} + {C_66.01.a,r1120,c0220,s0010}{C_66.01.a,r1100,c0110,s0010} = {C_66.01.a,r1110,c0110,s0010} + {C_66.01.a,r1120,c0110,s0010}{C_66.01.a,r1100,c0150,s0010} = {C_66.01.a,r1110,c0150,s0010} + {C_66.01.a,r1120,c0150,s0010}{C_66.01.a,r1100,c0160,s0010} = {C_66.01.a,r1110,c0160,s0010} + {C_66.01.a,r1120,c0160,s0010}And 15 more, the same formula for the other cells it covers.
Other rules on C 66.01.a
- Outflows from committed facilities cannot be less than intragroup or IPS (v11878_m)Warning
- Open maturity items cannot be negative (v11609_s)Warning
- Other inflows cannot be less than intragroup or IPS (v11501_m)Warning
- Credit institutions cannot be less than intragroup or IPS (v11499_m)Warning
- Monies due from secured lending and capital market driven transactions collateralised by cannot be less than intragroup or IPS (v11497_m)Warning
- Liabilities not reported in 1.2, resulting from deposits received (excluding deposits received as collateral) cannot be less than intragroup or IPS (v11495_m)Warning
- Liabilities resulting from secured lending and capital market driven transactions collateralised by (counterparty is non, central Bank) cannot be less than intragroup or IPS (v11493_m)Warning
- Liabilities resulting from securities issued (if not treated as retail deposits) cannot be less than intragroup or IPS (v11489_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.