The rule in plain words
The absolute value of number of instruments, non-financial corporations cannot be less than the absolute value of non-financial corporations - SMEs, exposures with forbearance measures.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
the absolute value of F_26.00.A: Number of instruments, of which: Non-financial corporations >= the absolute value of F_23.01: of which: Non-financial corporations - SMEs, of which: Exposures with forbearance measures
What to do if your filing fails it
- 01Open the templates below and find the cells the rule reads.
- 02Compare the values in your file. If the first is smaller than it may be, one of them is wrong: check both before you change either.
- 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 04It runs only when your filing indicators mark F 26.00 and F 23.01 as reported.
- 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
Loans and advances: number of instruments (F 23.01)
Row
- 0040of which: Non-financial corporations - SMEs
Column
- 0020of which: Exposures with forbearance measures
Forbearance management and quality of forbearance (I) (F 26.00.a)
Row
- 0010Number of instruments
Column
- 0070of which: Non-financial corporations
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
abs({F_26.00.a,r0010,c0070,}) >= abs({F_23.01,r0040,c0020,})Other rules on F 23.01
- The absolute value of number of instruments, performing non-financial corporations cannot be less than the absolute value of non-financial corporations, SMEs, exposures with forbearance measures (v903279_h)Warning
- Number of instruments, performing non-financial corporations must equal the sum of its two parts (v903137_h)Warning
- Number of instruments, non-financial corporations must equal the sum of its two parts (v903136_h)Warning
- None of the 294 values it checks in loans and advances: number of instruments can be negative (v8307_s)Warning
- None of the 21 values it checks in loans and advances: number of instruments can be negative (v8306_s)Warning
- Exposures with forbearance measures, number of instruments must equal the sum of its two parts (v8305_h)Warning
- Number of instruments must equal non Performing plus performing (v8304_h)Warning
- Loans and advances in litigation status: non-financial corporations, other than SMEs cannot be less than commercial Real Estate (CRE) loans to NFCs other than SMEs (v8127_m)Warning
Every FINREP 9 rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.