On July 3rd, the Basel Committee updated its methodology for assessing and identifying global systemically important banks ("G-SIBs"). The methodology describes the additional loss absorbency requirements that will apply to G-SIBs, the phase-in arrangements for these requirements and the disclosures that banks above a certain size are required to make to enable the framework to operate on the basis of publically available information. G-SIB Methodology Webpage.