EBA Q&A 2016_2573: Two validation rules on "Treasury shares" no more available considering the cancellation of another validation rule on the same matter

Two validation rules on "Treasury shares" no more available considering the cancellation of another validation rule on the same matter

EBA Q&A 2016_2573 · Final Q&A

Question

Why validation rules v2060_s (for FINREP F01.03, rows 240,260, col 010) and v2061_s (for FINREP F17.03, rows 340,360, col 010), asking for negative value are still active while the n° v2028_s (for FINREP F46.00, rows 010,040,210, col 090,110), for same value as the 2 precedent controls, asking for negative value too, has been deleted in the version 2.3

Background on the question

Incoherence in validation rules

Answer

The rows included in the validation rules v2060_s and v2061_s have a ‘(-)’ at the beginning of their label. According to Annex V, part 1, paragraph 9 of Regulation (EU) 680/2014 (ITS on Supervisory Reporting) those items shall be reported in negative. Therefore, validation rules v2060_s and v2061_s correctly check that no positive values are reported and will not be deactivated. Validation rule v2028_m was deleted because it is already covered by the validation rules v1323_m, v1325_m, v3472_i and v3474_i.