BIS – Global systemically important banks

by Sabrina I. Pacifici on November 11, 2013

Global systemically important banks: information regarding the end-2012 exercise published by the Basel Committee, 11 November 2013

 ’In conjunction with the publication by the Financial Stability Board (FSB) of the updated list of global systemically important banks (G-SIBs), the Basel Committee on Banking Supervision has today published additional information regarding the G-SIB methodology. In accordance with the timeline set out in its updated methodology for assessing and identifying G-SIBs, the Basel Committee has published: (1) the denominators that were used to calculate the scores of banks in the end-2012 exercise; and (2) the cut-off score and bucket thresholds that were used to identify the updated list of G-SIBs and to allocate them to buckets. The information published today will enable banks that participated in the G-SIB exercise to calculate their end-2012 scores and see their positions within the buckets that, in future exercises, will determine their higher loss absorbency (HLA) requirement. The HLA requirements start to come into effect on 1 January 2016, based on end-2013 data.”

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