The rule in plain words
The absolute value of total exposures cannot be less than the absolute value of exposures subject to SME-supporting factor plus the absolute value of exposures subject to infrastructure projects supporting factor.
All the values are in the exposure value arising from counterparty credit risk column (0210) of C 07.00.b.
The headline gives only the kind of check and the template, because the rule is too long to say in a headline. The plain words above say all of it.
The template it checks
Rows
- 0010TOTAL EXPOSURES
- 0030of which: exposures subject to SME-supporting factor
- 0035Of which: exposures subject to infrastructure projects supporting factor
Column
- 0210Of which: Arising from Counterparty Credit Risk
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EBA's formula. Cells are written as {template, row, column, sheet}.
abs({C_07.00.b,r0010,c0210,}) >= abs({C_07.00.b,r0030,c0210,}) + abs({C_07.00.b,r0035,c0210,})Other rules on C 07.00.b
- Arising from counterparty credit risk excluding exposures cleared through a CCP cannot be negative (v23771_s)Warning
- Exposure value arising from counterparty credit risk cannot be negative (v23770_s)Warning
- The absolute value of total exposures cannot be less than the absolute value of SME (v23542_h)Warning
- A lower-limit check on credit and counterparty credit risks and free deliveries (v23369_h)Warning
- Total exposures cannot be less than defaulted exposures in exposure classes 'CIUs' and equity exposures (v23015_m)Warning
- Total exposures cannot be less than exposures to central banks (v23014_m)Warning
- Total exposures cannot be less than equity exposures under the IRB approach (v23013_m)Warning
- Total exposures cannot be less than IPRE exposures where the derogation set out in Article 126(2) of Regulation (EU) No 575/2013, subparagraph 3 is applied (v23012_m)Warning
Every COREP own funds rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.