A framework for identifying domestic systemically important banks
Status: We are consulting on a framework for identifying domestic systemically important banks.
As a complement to the ongoing consultation on new bank capital adequacy requirements, the Reserve Bank has published a consultation paper on a framework for identifying domestic systemically important banks (D-SIBs).
The proposed framework is aligned with international practice. As per the Reserve Bank’s proposed new capital adequacy proposals, D-SIBs would be subject to a capital surcharge vis-à-vis smaller banks.
The consultation paper seeks views on the proposed indicator-based approach for identifying D-SIBs.
After the consultation has closed, the Reserve Bank will publish the submissions it has received, a summary of the feedback, further impact analysis and its decision on how to proceed with the proposed D-SIB framework.
The consultation closes at 5.00 pm on 31 May 2019.