The European Banking Authority (EBA) has published its final guidelines setting out the criteria that Member State competent authorities will use to identify institutions that are systemically important either at the EU or Member State level (O-SIIs).

The final guidelines have been developed in accordance with Article 131(3) of the CRD IV Directive. This provision mandates the EBA to issue guidelines specifying the criteria for the identification of O-SIIs. In line with the provisions of the CRD IV Directive, Member State competent authorities can require O-SIIs to hold an additional capital buffer of up to 2 per cent of Common Equity Tier 1.

View EBA publishes criteria to assess other systemically important institutions, 16 December 2015