G-SIB Designation

G-SIB designation masks AI governance variance for individual institutions.

19 of 21
G-SIBs at 50%+ single-vendor concentration
28
G-SIBs in the substrate at v13.1.0
8.4
Mean MAR score-point gap, G-SIB vs non-G-SIB

Twenty-eight institutions are designated globally systemically important by the Financial Stability Board. Their MAR® band distribution sits one band above the non-G-SIB cohort on average. The cohort spans four MAR® bands, with within-cohort variation comparable to the non-G-SIB cohort. The designation predicts a group average. It does not predict any individual institution.

Figure 1 · G-SIB and Non-G-SIB MAR Distributions Across 511 Institutions
1 1 2 1 3 7 6 6 1 non-G-SIB cohort: mean band C G-SIB cohort: mean band C+ 0 30 60 90 120 INSTITUTIONS MAR® BAND G-SIB (n=28) non-G-SIB (n=483) Designation tells you the average. Not the institution. EDCB MAR®500.com

Each bar groups institutions by their MAR® band tertile. Within each bar, the navy block above the lower segment represents the G-SIB share. Twenty-eight G-SIBs cluster mostly in the C+ to B band range, but the same range holds 178 non-G-SIBs. Knowing an institution carries the G-SIB designation concentrates the cohort in a tighter band envelope and but tells you nothing about whether that specific institution sits at band D or band B+. Knowing it is not designated tells you even less.

Source · Meridian substrate v13.1.0, May 2026 · 511 institutions, 28 G-SIB / 483 non-G-SIB · FSB designation list Methodology · SSRN 6524438
66 countries · 12 sectors · 95,876 agents · 626,390 governance edges
Methodology grounded in Credit Ratings and AI Governance, SSRN Working Paper 6524438. Substrate methodology in The Stationary Sea (Part 1) on Zenodo.