|
This information includes:
a list of all the banks in the assessment sample;
the denominators used to calculate the scores for banks in the exercise;
the cutoff score that was used to identify the updated list of G-SIBs;
the thresholds used to allocate G-SIBs to buckets for the purposes of calculating the specific higher loss absorbency requirements for each institution; and
[...]
The higher loss absorbency requirements will be phased in from 1 January 2016, based on the end-2013 results published last year, with the full amount of the requirement in effect by 1 January 2019, consistent with the implementation schedule for the capital conservation buffer. This requirement published today represents the amount of capital designated G-SIBs must hold beginning 1 January 2017, subject to the phase-in arrangements.
Updated info: Global systemically important banks: Assessment methodology and the additional loss absorbency requirement
FSB: 2015 update of list of global systemically important banks (G-SIBs)
The Financial Stability Board (FSB) and the Basel Committee on Banking Supervision (BCBS) have updated the list of global systemically important banks (G-SIBs), using end-2014 data and the assessment methodology published by the BCBS in July 2013. One bank, China Construction Bank, has been added to the list of G-SIBs that were identified in 2014, and one bank, BBVA, has been removed from the list. The total number of G-SIBs therefore remains 30. The changes in the institutions included in the list and in their allocation across buckets reflect the combined effects of data quality improvements, changes in underlying activity and the use of supervisory judgement. The higher loss absorbency requirements begin to be phased in from 1 January 2016 (with full implementation by 1 January 2019). The assignment of the G-SIBs to the buckets in the updated list determines the higher loss absorbency requirement that will apply to them from 1 January 2017. G-SIBs will also be subject to a global standard for Total Loss-Absorbing Capacity (TLAC) to address the risk of tax-payer funded bail-outs.