Definition of GSifi
Those banks on the GSifi list will be required to hold additional capital equal to between 1 per cent and 2.5 per cent of their assets, adjusted for risk, on top of the Basel III minimums, for a total ratio of 8 per cent to 9.5 per cent, starting in 2016. 
The Financial Stability Board, made up of regulators, central bankers and representatives of international bodies, plans to update its list of GSifis every November, and the methodology for determining which banks are systemic will also be reviewed every three years. 
GSifi in the news
In 2012, the list contained 28 banks. Standard Chartered and BBVA were added to the file, and three banks – Lloyds Banking Group, Commerzbank and Dexia – were dropped from the list entirely. 
In December 2012, the Federal Deposit Insurance Corporation and the Bank of England issued a joint paper that proposed global resolution strategies and structures to cope with the failure of such a large bank.