The PRA is required to identify O-SIIs on an annual basis.footnote [1]
The PRA has conducted its O-SII identification process for 2023, as set out in the statement of policy on The PRA’s approach to identifying other systemically important institutions (O-SIIs). Based on its methodology for O-SII identification, the PRA has designated fifteen firms as O-SIIs.
List of O-SIIs for 2023:
- Barclays Plc
- Citigroup Global Markets Limited
- Credit Suisse International
- Goldman Sachs Group UK Limited
- HSBC Holdings Plc
- J.P. Morgan Capital Holdings Limited
- Lloyds Banking Group Plc
- Merrill Lynch International
- Morgan Stanley International Limited
- Nationwide Building Society
- NatWest Group Plc
- Nomura Europe Holdings Plc
- Santander UK Group Holdings Plc
- Standard Chartered Plc
- Virgin Money UK Plc
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Part 5 of the Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014/894 (as amended).