ACPR Announces Capital Buffers for Systemically Important Institutions
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
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.
Patrycja Oleksza
Applies proficiency and knowledge to regulatory capital and reporting analysis and coordinates business and product strategies in the banking technology area
Previous Article
ESAs Publish Guidelines to Establish Colleges of AML/CFT SupervisorsNext Article
FHFA Proposes to Amend Stress Testing RuleRelated Articles
FDIC Proposes Amendments to Real Estate Lending Standards
FDIC is seeking comments on a rule to amend the interagency guidelines for real estate lending policies—also known as the Real Estate Lending Standards.
ISDA Consults on Implementation of Fallbacks for Certain Swap Rates
ISDA is consulting on the implementation of fallbacks for the sterling LIBOR ICE Swap Rate and for the USD LIBOR ICE Swap Rate.
BIS and BoE Launch Innovation Hub in London
BIS and BoE launched the BIS Innovation Hub Center in London, which is the fourth new Innovation Hub Centre to be opened in the past two years.
ESRB Recommends Reciprocation of Certain Macroprudential Measures
ESRB published recommendations on the reciprocation of macro-prudential measures in Belgium, France, Luxembourg, Norway, and Sweden.
US Agencies Set Out Unified Agenda for Planned Regulatory Actions
SEC announced that the Office of Information and Regulatory Affairs released the Spring 2021 Unified Agenda of Regulatory and Deregulatory Actions.
EC Publishes Regulation on Key Aspects of Implementation of SA-CCR
EC published the Delegated Regulation 2021/931, which supplements the Capital Requirements Regulation (CRR or Regulation 575/2013) with regard to the regulatory technical standards specifying the method for identifying derivative transactions with one or more than one material risk driver.
BCBS Consults on Prudential Treatment of Cryptoasset Exposures
BCBS is consulting on preliminary proposals for the prudential treatment of cryptoasset exposures of banks.
EBA Revises List of Validation Rules for Reporting
EBA issued a revised list of validation rules under the implementing technical standards on supervisory reporting.
Banking Authorities and Private Sector Collaborate on Wholesale CBDC
BIS Innovation Hub, BDF, and SNB announced that, together with a private-sector consortium led by Accenture, they will conduct an experiment using wholesale central bank digital currency (wCBDC) for cross-border settlement.
ESAs Publish Amended Implementing Standards on Mapping of ECAIs
ESAs published two amended implementing technical standards on the mapping of credit assessments of External Credit Assessment Institutions (ECAIs).
