Amendments to FIN-FSA Regulations and guidelines 1/2021 G-SII guidelines
On 9 February 2021, the Financial Supervisory Authority (FIN-FSA) issued Guidelines on the specification and disclosure of systemic importance indicators (G-SII).
The guidelines related to the specification of the methodology for the identification of global systemically important institutions (G-SIIs) referred to in Regulation (EU) No 1222/2014 and the reporting of basic data (indicators, ancillary data and memorandum items) and the annual disclosure of indicator values based on them used in the identification of G-SIIs.
The guidelines are applicable to credit institutions whose level of leverage ratio exposures exceeds EUR 200 billion.
The guidelines replace the earlier corresponding FIN-FSA Regulations and guidelines 4/2016. The new guidelines take into account amendments to EU legislation and the Basel Principles.
For further information, please contact
Peik Granlund, Senior Macroprudential Analyst, telephone +358 9 183 5236 or peik.granlund(at)fiva.fi