Title III — Supervisory assessment of O-SIIs

Relevant authorities should assess whether further relevant entities should be designated as O-SIIs based on the indicator scores in any of the categories and/or on additional qualitative and/or quantitative indicators of systemic importance. Relevant authorities should select the indicators that they consider adequately capture systemic risk in their domestic sector or the economy of the Union. Relevant authorities should not designate a relevant entity as an O-SII if its score does not exceed 4.5 basis points. Relevant authorities may assess relevant entities or sub-groups at a consolidated or sub-consolidated or individual basis, as applicable.

During their assessment, relevant authorities should only apply indicators listed in Annex 1 or Annex 2 (Optional indicators) selecting the appropriate scope for the indicator where relevant.