Basel Committee publishes more details on global systemically important banks
Basel Committee provides additional information regarding the 2024
G-SIB assessment. Further details include global denominators and
individual bank indicators. The release accompanies the Financial
Stability Board's updated G-SIB list.
The Basel Committee on
Banking Supervision today published further information related to its
2024 assessment of global systemically important banks (G-SIBs), with
additional details to help readers understand the scoring methodology.
The publication accompanies the Financial Stability Board's
release of the updated list of G-SIBs and includes: the denominators
of the high-level indicators used to calculate banks' scores; the
high-level indicators for each bank in the sample used to calculate
these denominators; and the 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 higher loss-absorbency
requirements.
The Committee's methodology assesses the
systemic importance of global banks using indicators calculated from
data for the previous fiscal year-end (2023) supplied by banks and
validated by national authorities. The final scores are mapped to
corresponding buckets that determine the higher loss-absorbency
requirement for each G-SIB.