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    BCBS Publishes Details on G-SIB Assessment for 2020

    November 11, 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.

     

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    Keywords: International, Banking, Basel, Regulatory Capital, Systemic Risk, G-SIBs, Assessment Methodology, BCBS

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