BCBS Issues Reporting Instructions and Template for G-SIB Assessment
BCBS published reporting instructions, reporting template, and the year-end and annual average exchange rates as part of the 2019 assessment for global systemically important banks (G-SIBs). The reporting instructions cover general information such as the scope of the G-SIB assessment exercise, the process to be followed, and the overall structure of the quantitative questionnaire. The reporting instructions also provide details on the data collected in the template, including the specific data definitions and the interpretation of built-in data checks.
The BCBS assessment methodology for G-SIBs requires a sample of banks to report a set of indicators to national supervisory authorities. These indicators are then aggregated and used to calculate the scores of banks in the sample. Banks above a cut-off score are identified as G-SIBs and are allocated to buckets that are then used to determine their higher loss-absorbency requirement. When the G-SIB framework was first published, BCBS had agreed to review the framework every three years to allow for the opportunity to enhance the framework, as needed. In July 2018, BCBS had concluded its first review of the G-SIB framework and published a revised assessment methodology, which is expected to be implemented in member jurisdictions by 2021. The Committee plans to complete the next review of the G-SIB framework by 2021.
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Keywords: International, Banking, G-SIB, Systemic Risk, G-SIB Assessment, Reporting, HLA, Regulatory Capital, BCBS
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