13th August 2019

The EBA updates data used for the identification of G-SIIs

The European Banking Authority (EBA) has published 12 indicators and updated the underlying data from the 36 largest institutions in the EU, whose leverage ratio exposure measure exceeds EUR200bn.

This end-2018 data contributes to the internationally agreed basis on which a smaller subset of banks will be identified as global systemically important institutions (G-SIIs), following the final assessments from the Basel Committee on Banking Supervision (BCBS) and the Financial Stability Board (FSB). The EBA, acting as a central data hub in the disclosure process, will update this data on a yearly basis and will provide a user-friendly platform to aggregate it across the EU.

A stable sample of 33 institutions shows that aggregate values for level 3 assets increased by more than 25 per cent from end-2017, returning to the level observed in end-2016 but still 19 per cent lower than end-2013. Aggregate values for underwriting activity decreased by 10 per cent from end-2017, and by 16 per cent from end-2013. Total exposures for these 33 institutions, as measured for the leverage ratio, increased by 2.1 per cent and stood at EUR25.1trn at the end of 2018.

The EBA Implementing Technical Standards (ITS) and Guidelines on disclosure of G-SIIs define uniform requirements for disclosing the values used during the identification and scoring process of G-SIIs, in line with the internationally agreed standards developed by the FSB and the BCBS.