The rule in plain words
Corporates must equal SME plus large corporates.
All the values are in the write-offs column (0060) of C 09.02.
EBA writes it out 14 times. These words are for the first; the others are the same rule on other cells.
The template it checks
Geographical breakdown of exposures by residence of the obligor (IRB exposures) (C 09.02)
Rows
- 0030Corporates
- 0050Of Which: SME
- 0051Of Which: Large Corporates
Column
- 0060Write-offs
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}.
{C_09.02,r0030,c0060,} = {C_09.02,r0050,c0060,} + {C_09.02,r0051,c0060,}And 13 more, the same formula for the other cells it covers.
Other rules on C 09.02
- The absolute value of other retail cannot be less than the absolute value of SME (v23548_h)Warning
- The absolute value of corporates cannot be less than the absolute value of SME (v23535_h)Warning
- Retail must equal the sum of its four parts (v23331_m)Warning
- PD assigned to the obligor grade or pool cannot be negative (v23208_s)Warning
- None of the 434 values it checks in geographical breakdown of exposures can be negative (v23207_s)Warning
- Each of the 58 values it checks in geographical breakdown of exposures cannot be more than zero (v23206_s)Warning
- Specialised lending cannot be less than specialised lending, IPRE (v23050_m)Warning
- Specialised lending cannot be less than specialised lending, commodities finance (v23049_m)Warning
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.