ACPR Sets Out Lists of Systemically Important Institutions in France
The French Prudential Supervisory Authority (ACPR) published the list of the global systemically important institutions (G-SIIs or EISm), along with a list of the other systemically important institutions (O-SIIs or A-EIS) in France. The lists provide information on the capital buffers applicable to systemically important institutions from January 01, 2022. The G-SIIs on the list are BNP Paribas, Société Générale, Groupe Crédit Agricole, and Groupe BPCE (all four G-SIIs are O-SIIs too) while the O-SIIs are BNP Paribas, Société Générale, Groupe Crédit Agricole, Groupe BPCE, Groupe Crédit Mutuel, HSBC Contienta L Europe, and La Banque Postale.
For the banking sector in France, ACPR determines the names of G-SIIs and O-SIIs, along with the associated capital buffers. With respect to the determination of G-SIIs, ACPR actively participates in the international identification exercise coordinated by the asel Committee on Banking Supervision. For O-SIIs, the European Banking Authority (EBA) guidelines specify the principles of the Basel methodology within the Capital Requirements Directive (CRD) IV.
Related Links (in French)
Keywords: Europe, France, Banking, G-SII, O-SII, CRD IV, Basel, Systemic Risk, Regulatory Capital, EBA, ACPR
Featured Experts
María Cañamero
Skilled market researcher; growth strategist; successful go-to-market campaign developer
Nicolas Degruson
Works with financial institutions, regulatory experts, business analysts, product managers, and software engineers to drive regulatory solutions across the globe.
Patrycja Oleksza
Applies proficiency and knowledge to regulatory capital and reporting analysis and coordinates business and product strategies in the banking technology area
Related Articles
EC Regulation Sets Out Methods for Measuring K-Factors Under IFR
The European Commission (EC) published the Delegated Regulation 2022/25, which supplements the Investment Firms Regulation (IFR or Regulation 2019/2033) with respect to the regulatory technical standards specifying the methods for measuring the K-factors referred to in Article 15 of the IFR.
BIS Studies How Platform Models Impact Financial Stability & Inclusion
The Bank of International Settlements (BIS) published a paper that assesses the ways in which platform-based business models can affect financial inclusion, competition, financial stability and consumer protection.
ESAs Publish List of Financial Conglomerates for 2021
The European Supervisory Authorities (ESAs) published the list of identified financial conglomerates for 2021.
APRA Licenses Two More Banks, Reduces Committed Liquidity Facility
The Australian Prudential Regulation Authority (APRA) granted license to Barclays Bank PLC and Crédit Agricole Corporate and Investment Bank to operate as foreign authorized deposit-taking institutions under the Banking Act 1959.
EU Issues SII Corrigendum; EIOPA Assesses SII Reporting Exemptions
EU published, in the Official Journal of the European Union, a corrigendum to the Delegated Regulation 2015/35, which supplements Solvency II Directive (2009/138/EC).
EBA Opines on Impact of De-Risking and Associated AML/CFT Challenges
The European Banking Authority (EBA) published an Opinion on the scale and impact of de-risking in European Union and the steps that competent authorities should take to tackle unwarranted de-risking.
French Financial Markets Authority Sets Out Priorities for 2022
The French Financial Markets Authority (AMF) published its 2022 work priorities, along with the supervisory priorities for 2022.
US Agencies Issue Statement on Community Bank Leverage Ratio Framework
The U.S. Department of the Treasury issued a determination on a request for an exemption, by RBC US Group Holdings LLC, from certain requirements of the rule implementing the qualified financial contracts (QFC) recordkeeping requirements under the Dodd-Frank Act.
FCA Informs About Changes to LIBOR Settings From End-2021
The Financial Conduct Authority (FCA) announced that publication of 24 LIBOR settings has ended and that, going forward, the 6 most widely used sterling and Japanese yen settings will be published using a changed methodology.
PBC Sets Out Fintech Development Plan for 2022 to 2025
The People’s Bank of China (PBC) formulated the recently issued Fintech Development Plan (2022 to 2025) under the Outline of the 14th Five-Year Plan (2021-2025) for National Economic and Social Development and the Long-Range Objectives through the Year 2035.
