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 off balance sheet items column (0120) of C 08.01.b.
EBA writes it out two times. These words are for the first; the others are the same rule on other cells.
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
- 0015Of which: exposures subject to SME-supporting factor
- 0016Of which: exposures subject to infrastructure projects supporting factor
Column
- 0120Of which: off balance sheet items
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}.
abs({C_08.01.b,r0010,c0120,}) >= abs({C_08.01.b,r0015,c0120,}) + abs({C_08.01.b,r0016,c0120,})And 1 more, the same formula for the other cells it covers.
Other rules on C 08.01.b
- Total exposures cannot be less than acquisition, development and construction (ADC) (v23039_m)Warning
- Total exposures cannot be less than exposures subject to infrastructure projects supporting factor (v09750_m)Warning
- Each of the four cells it checks in credit and counterparty credit risks and free deliveries must be left empty (v8812_m)Warning
- A balancing check across credit and counterparty credit risks and free deliveries (C 08.02, v6272_m)Not run yet
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.