SLAC: Difference between revisions

Latest revision as of 09:57, 12 September 2024

Treasury - banking - recovery - resolution - supervision - regulation.

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Secondary Loss Absorbing Capital.

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Secondary Loss Absorbing Capacity.

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+''Treasury - banking - recovery - resolution - supervision - regulation.''
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 Secondary Loss Absorbing Capital.
-In the field of bank recovery and resolution SLAC is used, especially in the UK, to refer to  other liabilities that could be written down in a distressed institution but would not be first in the firing line - that being primary loss absorbing capital ([[PLAC]]) comprising equity and bail-in-able long-term debt. The [[Financial Stability Board]] uses the term gone-concern loss absorbing capital (GLAC or [[GCLAC]]) more broadly.
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-SLAC is sometimes expressed as Secondary Loss Absorbing ''Capacity'', reflecting the fact that some loss-absorbing capacity is provided by items which are not necessarily capital instruments, for exam via bailin.
+Secondary Loss Absorbing Capacity.
 == See also ==
-*[[Bailin]]
 *[[Capital]]
 *[[Capital adequacy]]
 *[[Contingent capital]]
+*[[GCLAC]] also referred to GLAC
 *[[Loss absorbing capacity]]
-*[[PLAC]]
+*[[Primary Loss Absorbing Capital]]  (PLAC)
-*[[GCLAC]] also referred to GLAC
 * [[Recovery]]
+*[[Regulation]]
 * [[Resolution]]
+*[[Supervision]]
+*[[Treasury]]
 [[Category:Compliance_and_audit]]
 [[Category:Risk_frameworks]]