The European Banking Authority (EBA) has published a consultation paper to update its data template for the identification of global systemically important institutions (G-SIIs).
The EBA methodology to identify G-SIIs closely follows the approach of the Basel Committee on Banking Supervision (BCBS) for identifying global systemically important banks (G-SIBs). The list of EU G-SIBs identified by the BCBS and the G-SIIs identified by Member States’ authorities are identical. In January 2015 the BCBS published a new data template with minor revisions for the year 2015 identification exercise, based on end-2014 business year data. As a consequence, regulatory technical standards on the identification methodology and the implementing technical standard on disclosure, which contains a data template need to be updated.
The deadline for responding to the consultation paper is 20 May 2015.
View EBA consults on a revised data template for the identification of G-SIIS, 29 April 2015