The rule in plain words
Outstanding Principal amount cannot be negative.
EBA writes it out four times. These words are for the first; the others are the same rule on other cells.
The template it checks
Other financial liabilities (not included in other tabs, excluding intragroup) (Z 14.00)
Column
- 0090Outstanding Principal Amount
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}.
{Z_14.00,,c0090,} >= 0And 3 more, the same formula for the other cells it covers.
Other rules on Z 14.00
- A check on other financial liabilities (not included in other tabs (e7494_e)Not run yet
- A check on other financial liabilities (not included in other tabs (v6517_m)Not run yet
- The sum of two columns cannot be less than amount qualifying as Owns funds (v6516_m)Warning
- Earliest redemption date cannot be more than legal maturity (v6468_m)Not run yet
- Issuance date must be less than earliest redemption date (v6467_m)Not run yet
Every RESOL1 rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.
