BANCI | Noutati EBA

European Banking Authority (EBA) published the first list of Other Systemically Important Institutions (O-SIIs) in the EU

Trimite stirea unui prieten
Nume *
E-mail *
E-mail prieten *
Mesaj
Cod validare * Turing Number
Tastati codul din imagine (doar cifre)
195.154.184.126

Autor: Bancherul.ro
2016-04-28 15:26

The European Banking Authority (EBA) published today the first list of Other Systemically Important Institutions (O-SIIs) in the EU, said EBA in a statement.

O-SIIs are those institutions which are deemed systemically relevant in addition to Global Systemically Important Institutions (G-SIIs), already identified(1).

The institutions have been identified by relevant authorities across the Union according to harmonised criteria provided by the EBA(2). This list reflects also the additional capital buffers that the relevant authorities have set for the O-SIIs they have identified.

The EBA disclosed today the first list of all the O-SIIs in the EU, which have been identified on the basis of uniform criteria for the first time. Relevant authorities across the EU jurisdictions have drawn up the list on the basis of the criteria provided by the EBA Guidelines, which define the size, importance (substitutability or financial system infrastructure), complexity (or cross-border activities) and interconnectedness of such institutions.

The EBA Guidelines provide additional flexibility for relevant authorities to apply their supervisory judgment, when deciding to include other institutions, which might have not been automatically identified as O-SIIs. This approach allows for the assessment of all financial systems across the EU in a comparable way, whilst still not excluding those institutions which may be relevant on the basis of specific peculiarities of one EU jurisdiction.

The EBA acts as the single point of disclosure for the list of O-SIIs across the EU, while each relevant authority discloses this information for its respective jurisdiction, along with further details on their rationale and identification process. This additional information is key for understanding the specific features of each O-SII and how they have been identified in terms of supervisory judgment, optional indicators used, buffer decisions and phase-in implementation dates.

The identification of institutions as O-SIIs in the EU is based on 2015 data and going forward, updated lists of O-SIIs will be disclosed on an annual basis, along with the definition of any CET1 capital buffer requirements which may need to be set. Any higher capital requirements will become applicable at least one year after the publication of the list of O-SIIs so as to give institutions enough time to adjust to the new buffer requirements. 

Legal basis and next steps

The EBA's Guidelines on the identification of O-SIIs (EBA/GL/2014/10) have been developed in accordance with Directive 2013/36/EU (Capital Requirements Directive - CRD IV), and on the basis of internationally agreed standards, including the framework established by the Financial Stability Board (FSB) and standards developed by the BCBS.

(1)Global systemically important institutions

(2)The EBA Guidelines for the assessment of O-SIIs build on the criteria for Domestic Systemically Important Banks (D-SIBs) published by the Basel Committee for Banking Supervision (BCBS) available here

Source: EBA statement

Taguri: European Banking Authority (EBA)  Capital Requirements Directive - CRD IV  Autoritatea Bancara Europeana (ABE)  

Comentarii



Adauga un comentariu
Nume *:

E-mail *:
(nu se afiseaza pe site)
Subiect:
*
Comentariu:

Turing Number

Tastati codul din imagine (doar cifre)  



Adauga un comentariu folosind contul de Facebook

Alte stiri din categoria: Noutati EBA



EBA launches 2018 EU-wide transparency exercise

The European Banking Authority (EBA) launched today its fifth annual EU-wide transparency exercise. In December 2018, together with the Risk Assessment Report (RAR), the EBA will release over 900000 data points on about 130 EU banks. The data will cover capital positions, risk exposure amounts, detalii

EBA issues first binding mediation decision between the SRB and the NBR

The European Banking Authority (EBA) publishes today its first binding mediation decisions between two resolution authorities, the Single Resolution Board (SRB) and the National Bank of Romania (NBR). The decisions were issued following a request from the NBR for the EBA to assist in settling a detalii

Asset repricing, cyber-attacks and Brexit are key risks for EU financial markets, shows ESA report

The securities, banking and insurance sectors in the European Union (EU) face multiple risks, the latest report on risks and vulnerabilities by the Joint Committee of the European Supervisory Authorities (ESAs) shows. detalii

EBA publishes its Roadmap on FinTech

The European Banking Authority (EBA) published a FinTech Roadmap setting out its priorities for 2018/2019. The Roadmap also sets out the establishment of a FinTech Knowledge Hub to enhance knowledge sharing and foster technological neutrality in regulatory and supervisory approaches.
detalii

Ultimele Comentarii