The French Prudential Supervisory Authority ACPR published a list of Global Systemically Important Institutions (EISm), along with a list of Other Systemically Important Institutions (A-EIS) in France. The lists provides information on the capital buffers applicable to systemically important institutions from January 01, 2020.
At the global level, the identification of systemic entities (banking and insurance institutions) has been entrusted to FSB. At the European level, the international methodologies for identifying global or domestic systemically important banks have been transposed into European law through the CRD IV directive (Article 131), providing that “Member States shall designate the authority in charge of identifying, on a consolidated basis, global systemically important institutions.” In France, ACPR is in charge of the identification of systemically important entities. Thus, it determines for the banking sector the list of global systemically important institutions (G-SII) and of other systemically important institutions (O-SII), along with the associated capital buffers. For G-SIIs, ACPR actively participates in the international identification exercise coordinated by BCBS. For O-SIIs, the principles of Basel methodology used in the CRD IV have been specified by the EBA guidelines.
Related Links (in French)
- Capital Buffers for EISm (PDF)
- Capital Buffers for A-EIS (PDF)
- Supervision of Systemic Entities by ACPR
Keywords: Europe, EU, France, Banking, G-SIBs, D-SIBs, Systemic Risk, Capital Buffers, CRD IV, Basel III, ACPR
Across 35 years in banking, Blake has gained deep insights into the inner working of this sector. Over the last two decades, Blake has been an Operating Committee member, leading teams and executing strategies in Credit and Enterprise Risk as well as Line of Business. His focus over this time has been primarily Commercial/Corporate with particular emphasis on CRE. Blake has spent most of his career with large and mid-size banks. Blake joined Moody’s Analytics in 2021 after leading the transformation of the credit approval and reporting process at a $25 billion bank.
Previous ArticleESAs Publish Guidelines to Establish Colleges of AML/CFT Supervisors
Next ArticleFHFA Proposes to Amend Stress Testing Rule
The Bank for International Settlements (BIS) published a paper that studies impact of fintech lending on credit access for small businesses in U.S.
The Prudential Regulation Authority (PRA) issued the policy statement PS8/22 to amend the Own Funds and Eligible Liabilities (CRR) Part of the PRA Rulebook and update the supervisory statement SS7/13 titled "Definition of capital (CRR firms).
The European Banking Authority (EBA) launched the EU-wide transparency exercise for 2022, with results of the exercise expected to be published at the beginning of December, along with the annual Risk Assessment Report.
The Single Resolution Board (SRB) welcomed the adoption of the review of the Capital Requirements Regulation, or CRR, also known as the "CRR quick-fix."
The European Commission (EC) recently adopted the Delegated Regulation 2022/1622, which sets out the regulatory technical standards to specify the countries that constitute advanced economies for the purpose of specifying risk-weights for the sensitivities to equity.
The European Banking Authority (EBA) published the final draft regulatory technical standards specifying and, where relevant, calibrating the minimum performance-related triggers for simple.
The European Central Bank (ECB) is undertaking the integrated reporting framework (IReF) project to integrate statistical requirements for banks into a standardized reporting framework that would be applicable across the euro area and adopted by authorities in other EU member states.
The European Banking Authority (EBA) has been awarded the top European Standard for its environmental performance under the European Eco-Management and Audit Scheme (EMAS).
The Monetary Authority of Singapore (MAS) set out the Financial Services Industry Transformation Map 2025 and, in collaboration with the SGX Group, launched ESGenome.
The Basel Committee on Banking Supervision met, shortly after a gathering of the Group of Central Bank Governors and Heads of Supervision (GHOS), the oversight body of BCBS.