FSB Globally Important Banks List

On Nov. 21, FSB published the 2022 G-SIB list, using end-2021 data.

  • FSB published the 2022 List of Global Systemically Important Banks (G-SIBs), with additional information provided by Basel regarding the 2022 G-SIB assessment.
  • Follows FSB, Basel Nov. 2021 issued systemically important bank list, see #122130.
  • G-SIB List
  • The 2022 G-SIB list is based on end-2021 data and an assessment methodology as designed by Basel, which was last revised in 2018, and is now used for the first time.
  • The 30 banks on the list have all remained the same as appeared in the 2021 list.
  • FSB member authorities apply requirements to G-SIBs covering Higher capital buffers, Total Loss-Absorbing Capacity (TLAC), Resolvability, and on Supervisory expectations.
  • The assignment of G-SIBs to the buckets, in the list published today, determines the higher capital buffer requirements that will apply to each G-SIB as from Jan. 1, 2024.
  • In the list, Bank of America has moved from bucket 2 to bucket 3, China Construction Bank moves from bucket 2 to bucket 1, and BNP Paribas from bucket 3 to bucket 2.
  • Basel Input
  • Basel published updated denominators used to calculate banks’ scores, thresholds used to allocate the banks to buckets, and values within the 13 high-level indicators.
  • It also provided links to public disclosures of all banks in the full sample as assessed.
  • Basel had also reviewed the implications of developments related to European Banking Union (EBU) for the G-SIB methodology, like the treatment of cross-border exposures.

Regulators Basel; FSB
Entity Types Bank; BHC; SIFI
Reference Info, PR 11/21/2022
Functions Compliance; C-Suite; Financial; Reporting; Resolution; Risk; Treasury
Countries Global Regulator; Cross-Border
Category Global Standards Body
Products Banking
Regions Global
Rule Type Final
Rule Date 11/21/2022
Effective Date 11/21/2022
Rule Id 154196
Linked to Rule :122130
Reg. Last Update 11/21/2022
Report Section International

Last substantive update on 11/23/2022