On 1 August 2023, the European Banking Authority (EBA) published a consultation paper on draft guidelines amending guidelines EBA/GL/2020/14 on the specification and disclosure of systemic importance indicators.

The EBA methodology for identifying global systemically important institutions (G-SIIs) closely follows the approach of the Basel Committee on Banking Supervision (BCBS) for the identification of global systemically important banks (G-SIBs) as they are referred to in BCBS terminology.

In January 2023, the BCBS published a new data template with revisions for the 2023 identification exercise, based on end-2022 business year data. To ensure consistency between the internationally agreed standards and the EU regulatory framework, the annex of the EBA guidelines has been amended to replicate the yearly updated BCBS reporting template.

The proposed changes aim primarily at updating the annex which replicates the data template issued by the BCBS on a yearly basis.

The deadline for feedback to this consultation is 1 September 2023.