‘In conjunction with the publication by the Financial Stability Board (FSB) of the updated list of global systemically important banks (G-SIBs), the Basel Committee on Banking Supervision has today published additional information regarding the G-SIB methodology. In accordance with the timeline set out in its updated methodology for assessing and identifying G-SIBs, the Basel Committee has published: (1) the denominators that were used to calculate the scores of banks in the end-2012 exercise; and (2) the cut-off score and bucket thresholds that were used to identify the updated list of G-SIBs and to allocate them to buckets. The information published today will enable banks that participated in the G-SIB exercise to calculate their end-2012 scores and see their positions within the buckets that, in future exercises, will determine their higher loss absorbency (HLA) requirement. The HLA requirements start to come into effect on 1 January 2016, based on end-2013 data.”