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04 November 2011

The Basel Committee issues final rules for global systemically important banks


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The rules set out the Basel Committee's framework to identify G-SIBs, the magnitude of additional loss absorbency that G-SIBs should have, and the arrangements by which the requirement will be phased in.


 

The Committee also issued today an evaluation and summary of public comments received on its July 2011 G-SIBs consultative paper. After a careful review of the comments, the Committee has reached agreement on the G-SIBs framework, including some changes to certain indicators that will improve the methodology for identifying G-SIBs. A few of these changes will be subject to additional testing by March 2012, using updated bank data.

Press release



© BIS - Bank for International Settlements


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