The European Banking Authority (EBA) has published a Consultation Paper on the methodology for identifying global systemically important institutions (G-SIIs). The consultation covers:

  • draft regulatory technical standards (RTS) which are designed to provide consistent parameters and specify a harmonised methodology for identifying G-SIIs and determining adequate levels of own funds across the EU. The Capital Requirements Directive IV (CRD IV) requires each Member State to calculate an individual score to measure a bank’s systemic significance. Five categories of indicators to be used in the scoring process are defined in the CRD IV and the draft RTS specify twelve further sub-indicators falling under these categories;
  • draft implementing technical standards which define uniform disclosure requirements to publicise the values used for the identification and scoring process for G-SIIs; and
  • draft guidelines which foresee that not only G-SIIs, but also other large institutions with an overall exposure of more than EUR 200 billion and which are potentially systemically relevant, will be subject to the same disclosure requirements.

The deadline for responses to the Consultation Paper is 28 February 2014.

View Consultation Paper on draft regulatory technical standards (RTS) on the methodology for the identification of global systemically important institutions (G-SIIs); draft implementing technical standards (ITS) on uniform formats and date for the disclosure of the values of the indicators used for determining the score of the institutions identified as global systemically important institutions (G-SIIs) and guidelines on formats and date for the disclosure of the values of the indicators used for the identification of global systemically important institutions, 12 December 2013

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