Question
Validation rules v1702_m and v1703_m seem to be uncorrect
Background on the question
Validation rule v1702_m says that the amount reported in template 10.00 row 290 column 022 should be equal to the amount reported in template 01.01 row 092 column 010. We assume that in template 10.00 column 022 should be replaced by column 010 (carrying amount instead of market value). So validation rule v1702_m should be amended in the following way: {F 10.00, r290,c010} = {F 01.01, r092,c010} Likewise validation rule v1703_m should be amended as follows: {F 10.00, r290,c020} = {F 01.02, r062,c010}
Answer
The validation rules v_1702_m and v1703_m will be amended since they – as currently defined – cannot apply to certain nGAAP reports. Indeed, the carrying values reported in templates F 01.01 and F 01.02 of Annex IV of Regulation (EU) No 680/2014 (ITS on Supervisory Reporting) do not always correspond to the mark-to-market values reported in template F 10.00 of Annex IV of the ITS on Supervisory Reporting.