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Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs

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Page 1: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs
Page 2: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs
Page 3: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs

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Page 4: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs

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Page 5: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs

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Page 6: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs

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Graph 1. Tier 1 ratio of G-SIBs (% RWAs) / Graph 2. Total Assets for G-SIBs (trn EUR) 2008-2018

Source: BBVA based on Orbis data

Page 7: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs

Page 8: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs

Page 9: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs

Page 10: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs
Page 11: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs
Page 12: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs

Page 13: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs

Page 14: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs

Table 1 G-SIBs list from 2011 to 2018

Source: BBVA Research based on FSB

Page 15: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs

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Page 16: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs

Graph 3 2018 CET1 SREP requirements in the Eurozone (EZ)

Source: BBVA Research

Page 17: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs

Table 2 Uneven implementation of loss absorbing requirements reveals gold-plating practices

Source: BBVA

Page 18: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs
Page 21: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs

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Page 22: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs
Page 23: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs
Page 24: Response to FSB Call for Public Feedback on Too Big To ...BBVA Creando Oportunidades Loss absorbing requirement Scope Calibration ("fully loaded") Subordination Entry into force Goldplatingvs