The European Banking Authority (EBA) has published 12 indicators and underlying data from the 35 largest institutions in the EU, whose leverage ratio exposure measure exceeds EUR 200 bn.
Technical standards for the identification of global systemically important institutions (G-SIIs) and EBA guidelines for the identification of G-SIIs define uniform requirements for disclosing the values used during the identification and scoring process of G-SIIs, in line with internationally agreed standards developed by the Financial Stability Board (FSB) and the Basel Committee on Banking Supervision (Basel Committee).
The identification of a G-SII, which leads to a higher capital requirement, falls under the responsibility of national competent authorities and is updated by December 15 every year. The identification is based on the disclosure of global denominators and global systemically important bank exercise results, which are expected to be published by the Basel Committee and the FSB in November each year. The higher capital requirement is then applied about one year from the publication by competent authorities of banks’ scoring results, allowing institutions enough time to adjust to the new buffer requirement.
View The EBA updates data used for the identification of global systemically important institutions, 11 August 2017