Bank of New York Mellon S : NV, March 2019

The Bank of New York Mellon SA/NV
	Executive summary
1	Article 431 CRR - Scope of disclosure requirements .........................................	5
1.1	Purpose of Pillar 3 ................................................................................................................	6
1.2	Article 433/434 CRR - Frequency and means of disclosure ................................................	7
1.3	Article 432 CRR - Non-material, proprietary or confidential information ..............................	7
1.4	Disclosure approval..............................................................................................................	8
1.5	Article 436 CRR - Scope of application ................................................................................	8
1.6	Organisational structure .......................................................................................................	9
1.7	EMEA operating model (Three Bank Model)........................................................................	11
1.8	Core business lines ..............................................................................................................	12
1.9	Key metrics...........................................................................................................................	13
	Capital
2	Article 437 CRR - Own funds.................................................................................	16
3	Article 438 CRR - Capital requirements................................................................	20
3.1	Calculating capital requirements ........................................................................................................	21
	Risk
4	Article 435 CRR - Risk management objectives and policies ............................	23
4.1	Risk objectives......................................................................................................................	25
4.2	Risk governance...................................................................................................................	26
4.3	Risk management framework...............................................................................................	31
4.4	Risk register..........................................................................................................................	32
4.5	Risk appetite.........................................................................................................................	33
4.6	Risk assessment methodology and reporting systems ........................................................	33
4.7	Escalation of risks and issues ..............................................................................................	36
4.8	Recovery and resolution planning ('RRP')............................................................................	36
5	Article 451 CRR - Leverage....................................................................................	37

March 2019 ž Pillar 3 Disclosure ž 2

The Bank of New York Mellon SA/NV
	Index of tables
Table 1: KM1 - Key metrics...............................................................................................................	14
Table 2: CC1 - Composition of regulatory capital .............................................................................	17
Table 3: TLAC1 - Transitional own funds..........................................................................................	17
Table 4: OV1 - Overview of RWAs....................................................................................................	21
Table 5: LR1 - Leverage ratio summary ...........................................................................................	37
Table 6: LR2 - Leverage ratio common disclosure ...........................................................................	38

Any discrepancies between the totals and sums of components within the tables and graphs within this report are due to rounding.

March 2019 ž Pillar 3 Disclosure ž 3

The Bank of New York Mellon SA/NV
	Appendices
Appendix 1 - Other risks ...................................................................................................	40
Liquidity risk ..................................................................................................................................	40
Restitution risk ..............................................................................................................................	40
Strategic risk .................................................................................................................................	40
Group risk .....................................................................................................................................	41
Model risk......................................................................................................................................	41
Appendix 2 - Glossary of terms........................................................................................	42
Appendix 3 - CRDIV reference ..........................................................................................	46

March 2019 ž Pillar 3 Disclosure ž 4

The Bank of New York Mellon SA/NV

Executive summary

1 Article 431 CRR - Scope of disclosure requirements

These Pillar 3 disclosures are published for The Bank of New York Mellon S.A./N.V. ('BNY Mellon SA/NV' or the 'Company'), in line with the disclosure principles of the National Bank of Belgium1 ('NBB'), the Capital Requirements Directive2 ('CRD IV') and the Capital Requirements Regulation3 ('CRR').

This disclosure covers The Bank of New York Mellon SA/NV, its subsidiary undertakings and branches as at 31 March 2019.

• NBB Circular 2015_25: Orientations relatives à la publication d'informations (Pilier III, CRD IV), 3 September 2015.

• Regulation (EU) No 575/2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012, 26 June 2013.

• Directive 2013/36/EU on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC, 26 June 2013.

Executive summary

March 2019 ž Pillar 3 Disclosure ž 5