RegAlert2021-12-09 | Resolução BCB 171Added · Updated
Resolution BCB No. 171 — Global Systemic Importance Assessment (GSIA) Information Calculation and Submission
Resolution BCB No. 171 establishes the calculation methodology and reporting obligations for the Global Systemic Importance Assessment (GSIA) for financial institutions in Segment 1 with gross total exposure exceeding €200 billion. It mandates the calculation of the Global Systemic Importance Index (GSII) using five specific indicators: Size, Interconnectedness, Substitutability, Complexity, and Offshore Activity. The regulation defines precise formulas and data sources for each indicator, requiring consolidated reporting on a December 31st basis, with specific exceptions for calendar-year data. Financial institutions must submit these calculated values to the Central Bank of Brazil according to the specified technical standards.
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RESOLUTION
BCB NO. 171, OF DECEMBER 9, 2021
Provides for the calculation of information for the assessment of global systemic importance (GSIA) of financial institutions and for the submission of such information to the Central Bank of Brazil.
The Collegiate Board of the Central Bank of Brazil, in a session held on December 9, 2021, based on the provisions of Articles 10, item IX, 11, item VII, and 37 of Law No. 4,595, of December 31, 1964,
R E S O L V E S:
CHAPTER I
PRELIMINARY PROVISIONS
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Amended 1 time · last 2023-11-28
Source: Banco Central do Brasil — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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