Bank of England: The PRA’s approach to identifying other systemically important institutions (O-SIIs)

19 October 2015

In this consultation paper, the PRA sets out the criteria and scoring methodology it proposes to use to identify other systemically important institutions (O-SIIs).

The proposals in this consultation paper (CP) are intended to identify and designate as O-SIIs those firms whose distress or failure would have a systemic impact on the UK or the EU economy or financial system due to size, importance (including substitutability or financial system infrastructure), complexity, cross-border activity, and interconnectedness.
 
The Prudential Regulation Authority (PRA) is consulting on a draft statement of policy on the PRA’s approach to identifying O-SIIs. The statement sets out the criteria and scoring methodology that the PRA will use to identify O-SIIs under the CRD. 
 
In particular, it consults on the following areas:
 
This consultation closes on 18 January 2016.
 
Full news
Consultation paper

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