The rule in plain words
For loans and advances with forbearance measures: the absolute value of gross carrying amount of instruments, for the following types of forbearance measures, non-financial corporations cannot be less than the absolute value of non-financial corporations - SMEs, exposures with forbearance measures.
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.
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: Gross carrying amount of instruments, for the following types of forbearance measures:, of which: Non-financial corporations >= the absolute value of F_23.02: 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 23.02 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: additional information on gross carrying amounts (F 23.02)
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
- 0020Gross carrying amount of instruments, for the following types of forbearance measures:
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,r0020,c0070,}) >= abs({F_23.02,r0040,c0020,})Other rules on F 23.02
- Non-financial corporations: a lower-limit check across forbearance management and quality of forbearance, and loans and advances (F 26.00.a, v903298_h)Warning
- Gross carrying amount of instruments, for the following types of forbearance measures, performing non-financial corporations must equal the sum of its two parts (v903241_h)Warning
- Gross carrying amount of instruments, for the following types of forbearance measures, non-financial corporations must equal the sum of its two parts (v903240_h)Warning
- Past due > 30 days <= 90 days cannot be negative (v8421_s)Warning
- None of the 204 values it checks in loans and advances can be negative (v8420_s)Warning
- Closing balance, non-financial corporations must equal the sum of its two parts (F 24.01, v8312_h)Warning
- None of the 328 values it checks in loans and advances can be negative (v8311_s)Warning
- None of the 54 values it checks in loans and advances can be negative (v8310_s)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.