On September 8, 2016, a Commission Delegated Regulation amending the Regulatory Technical Standards specifying the methodology for the identification by national regulators of global systemically important institutions and the definition of subcategories of GSIIs was published in the Official Journal of the European Union. The RTS specify quantifiable indicators forming the five categories to be used when measuring the systemic significance of a bank. The RTS is based on international standards developed by the Basel Committee on Banking Supervision to assess global systemically important banks and on the higher loss absorbency requirement. This methodology is regularly updated. The Amending Regulation updates the reporting templates and reporting instructions for the data collection for 2016 as well as the current values of the indicators that are to be determined. The Amending Regulation entered into force on September 9, 2016.
The Regulation is available at: http://eur-lex.europa.eu/legalcontent/EN/TXT/?uri=uriserv:OJ.L_.2016.240.01.0001.01.ENG&toc=OJ:L:2016:240:TOC and the original RTS is available at: http://eur-lex.europa.eu/legal-content/EN/TXT/?qid=1474881909671&uri=CELEX:32014R1222.