BCBS updated the year-end and annual average exchange rates in context of the global systemically important bank (G-SIB) assessment exercise. 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.
Keywords: International, Banking, Systemic Risk, G-SIB Assessment, Reporting, Regulatory Capital, Basel, BCBS
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