In November 2011 the Financial Stability Board published an integrated set of policy measures to address the systemic and moral hazard risks associated with systemically important financial institutions (SIFIs). In that publication, the FSB identified an initial group of G-SIFIs, namely 29 global systemically important banks (G-SIBs), using a methodology developed by the BCBS. The November 2011 report noted that the group of G-SIFIs is to be updated annually based on new data and published by the FSB each November. The FSB and BCBS have updated the list of G-SIBs using end-2011 data. The list of banking groups identified as G-SIBs is reduced by one overall, from 29 to 28 (Annex I). Compared with the list published in November 2011, two banks have been added to the G-SIB list, and three banks have been removed from it.