The rule in plain words
For non Performing: the absolute value of loans with LTV ratio higher than 100% cannot be less than the absolute value of loans with a LTV higher than 100%.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
the absolute value of F_18.02.A: Of which: Loans with LTV ratio higher than 100%, Non Performing >= the absolute value of F_23.03: of which: Loans with a LTV higher than 100%, Non Performing
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 18.02 and F 23.03 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
Commercial Real Estate (CRE) loans and additional information on loans secured by immovable property (I) (F 18.02.a)
Row
- 0060Of which: Loans with LTV ratio higher than 100%
Column
- 0080Non Performing
Loans and advances collateralised by immovable property: Breakdown by LTV ratios (F 23.03)
Row
- 0080of which: Loans with a LTV higher than 100%
Column
- 0060Non Performing
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
abs({F_18.02.a,r0060,c0080,}) >= abs({F_23.03,r0080,c0060,})Other rules on F 18.02.a
- Loans collateralised by commercial immovable property, gross carrying amount: a lower-limit check across commercial Real Estate (CRE) loans and additional information on loans secured, and loans and advances collateralised (F 23.03, v903283_h)Warning
- Non Performing: the absolute value of loans with LTV ratio higher than 60% and less than or equal to 80% cannot be less than the absolute value of loans with a LTV higher than 60% and lower than or equal to 80% (v903285_h)Warning
- Non-financial corporations, non Performing: a lower-limit check across commercial Real Estate (CRE) loans and additional information on loans secured, and loans and advances collateralised (F 23.03, row 0030, v903282_h)Warning
- Non-financial corporations, performing: a lower-limit check across commercial Real Estate (CRE) loans and additional information on loans secured, and loans and advances collateralised (F 23.03, v903286_h)Warning
- Non-financial corporations, non Performing: a lower-limit check across commercial Real Estate (CRE) loans and additional information on loans secured, and loans and advances collateralised (F 23.03, row 0030, v903281_h)Warning
- Loans collateralised by commercial immovable property, performing: a lower-limit check across commercial Real Estate (CRE) loans and additional information on loans secured, and loans and advances collateralised (F 23.03, row 0050, v903287_h)Warning
- Non-financial corporations, gross carrying amount: a lower-limit check across commercial Real Estate (CRE) loans and additional information on loans secured, and loans and advances collateralised (F 23.03, v903280_h)Warning
- Loans collateralised by commercial immovable property, non Performing: a lower-limit check across commercial Real Estate (CRE) loans and additional information on loans secured, and loans and advances collateralised (F 23.03, row 0050, v903288_h)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.