BCBS Publishes Details on G-SIB Assessment for 2020
BCBS released further information on the 2020 assessment of global systemically important banks (G-SIBs) to enhance understanding of G-SIB scores, based on end-2019 bank data. The methodology of the Basel Committee assesses the systemic importance of global banks, using indicators that are calculated based on data for the previous fiscal year-end supplied by banks and validated by national authorities. The final scores are mapped to corresponding buckets, which determine the higher loss-absorbency requirement for each G-SIB.
BCBS published the following:
- Denominators of each of the 12 high-level indicators used to calculate banks' scores
- Twelve high-level indicators for each bank in the sample, used to calculate these denominators
- Cut-off score used to identify the G-SIBs in the updated list and the thresholds used to allocate G-SIBs to buckets for the purpose of calculating the specific higher loss absorbency requirements
- Updated links to public disclosures of all banks in the sample
In parallel to these updates, FSB also published the list of G-SIBs for 2020, based on the assessment methodology of the Basel Committee. The methodology for G-SIB identification is described in the technical summary published by BCBS in November 2014. However, in July 2018, BCBS published a revised version of its assessment methodology, which is expected to be implemented in member jurisdictions by 2022 (based on end-2021 data); the resulting higher capital buffer requirement will be applied in January 2024, one year later than originally scheduled.
Related Links
- Press Release
- Denominators
- High-Level Indicators
- Cut-Off Score
- List of G-SIBs (PDF)
- Revised Assessment Methodology
Keywords: International, Banking, Basel, Regulatory Capital, Systemic Risk, G-SIBs, Assessment Methodology, BCBS
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.

Pierre-Etienne Chabanel
Brings expertise in technology and software solutions around banking regulation, whether deployed on-premises or in the cloud.
Previous Article
FINMA Revises Circular on Liquidity Risks for BanksRelated Articles
EU Amends CRD4 and CRD5 as Part of Capital Markets Recovery Package
EU published Directive 2021/338, which amends the Markets in Financial Instruments Directive (MiFID) II and the Capital Requirements Directives (CRD 4 and 5) to facilitate recovery from the COVID-19 crisis.
EU Committee Recommends Systemic Risk Buffer of 4.5% in Norway
The Standing Committee of the European Free Trade Association (EFTA) recommended that a systemic risk buffer level of 4.5% for domestic exposures can be considered appropriate for addressing the identified systemic risks to the stability of the financial system in Norway.
PRA Clarifies Approach to Onshoring of Credit Risk Rules for UK Banks
In a recent statement, PRA clarified its approach to the application of certain EU regulatory technical standards and EBA guidelines on standardized and internal ratings-based approaches to credit risk, following the end of the Brexit transition.
FSB Sets Out Work Priorities for 2021
In a recently published letter addressed to the G20 finance ministers and central bank governors, the FSB Chair Randal K. Quarles has set out the key FSB priorities for 2021.
EU Publishes Corrigendum to Revised Capital Requirements Regulation
EU published, in the Official Journal of the European Union, a corrigendum to the revised Capital Requirements Regulation (CRR2 or Regulation 2019/876).
ESAs Issue Statement on Application of Sustainability Disclosures Rule
ESAs published a joint supervisory statement on the effective and consistent application and on national supervision of the regulation on sustainability-related disclosures in the financial services sector (SFDR).
EC Consults on Crisis Management and Deposit Insurance Frameworks
EC published a public consultation on the review of crisis management and deposit insurance frameworks in EU.
HKMA Enhances Loan Guarantee Scheme to Alleviate Pressure on SMEs
HKMA announced that enhancements will be made to the Special 100% Loan Guarantee of the SME Financing Guarantee Scheme (SFGS) and the application period will be extended to December 31, 2021.
EBA Proposes Standards for Supervisory Cooperation Under IFD
EBA launched consultations on the regulatory and implementing technical standards on cooperation and information exchange between competent authorities involved in prudential supervision of investment firms.
BoE Addresses Banks in Scope of First Resolvability Assessment
BoE issued a letter to the CEOs of eight major UK banks that are in scope of the first Resolvability Assessment Framework (RAF) reporting and disclosure cycle.