We issued our guideline for dealing with domestic systemically important banks (DSIBs) in July 2014. It provides a framework for assessing the systemic importance of a bank based on key indicators such as size, interconnectedness, structure and complexity, amongst others. The banks, which would be identified as DSIBs, will be subject to a capital surcharge as from March 2016.
Upon its founding in 1945, the Forum was one of the first post-war initiatives that aimed to establish a unified and democratic European community. We have come a long way since that time but, as the war in Ukraine has shown, we are still some distance away from achieving the goals of Otto Molden and Simon Moser, the founders of this wonderful forum.