D-SIBs within each of the EEA member states (both domestic and global) List of systemically important banks
notes
in addition total capital ratio requirements noted above, each eea member state – regulated crd4 – allowed introduce counter-cyclical capital ratio buffers of till 2.5% common equity tier 1 capital, applying financial institutions (incl. sibs) @ national level, if national statistics measure total lending grow faster national gdp.
additional capital buffer requirements resolution phase
as of december 2013, eu institutions started technical process approve new bank recovery , resolution directive, entry force on 1 january 2015, outlined requirement of crisis-management capital buffer, referred minimum requirement own funds , eligible liabilities (mrel), decided resolution authoraties on case case basis. directive far did not quantify or specify minimum standards how big mrel needs be. mrel aims ensure firms have adequate total loss-absorbing capacity used in possible resolution phase, including sufficient liabilities credibly exposed loss in resolution. eu banks , investment firms subject mrel requirement, set depending on firm specific risk assessments, january 2016 @ latest. separately, fsb working on proposal on gone-concern loss-absorbing capacity (glac) — such long-term bonded debt — apply g-sibs. ensuring there sufficient amount of liabilities available bailed in @ point of resolution, glac complement mrel requirement.
mrel , glac treated (just leverage ratio requirements), separate requirements total capital ratio requirement.
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