PLAC: Difference between revisions

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== See also ==
PLAC is sometimes expressed as Primary Loss Absorbing ''Capacity''.


*[[Capital adequacy]]
*[[Loss absorbing capacity]]
*[[Total Loss Absorbing Capacity]]


*[[SLAC]] - Secondary Loss Absorbing Capital
== See also ==
 
*[[GCLAC]] also referred to as GLAC - gone-concern loss absorbing capital
*[[MCT]]
*[[Bailin]]
*[[Bailin]]
*[[Capital adequacy]]
*[[GCLAC]] also referred to as GLAC - gone-concern loss absorbing capital*[[Loss absorbing capacity]]
*[[MREL]]
*[[Primary Loss Absorbing Capital]]
*[[Principal write down]]
*[[Secondary Loss Absorbing Capital]]  (SLAC)
*[[Total Loss Absorbing Capacity]]  (TLAC)


[[Category:Compliance_and_audit]]
[[Category:Compliance_and_audit]]
[[Category:Risk_frameworks]]
[[Category:Risk_frameworks]]

Latest revision as of 10:02, 12 September 2024

Primary Loss Absorbing Capital.

Used, especially in the UK, to refer to equity and bail-in-able long term debt of banks that can be written down in case of financial distress. It includes both equity and bail-in-able long-term debt.


The great majority of bank capital in future must be PLAC, in contrast with Secondary Loss Absorbing Capital (SLAC).


PLAC is sometimes expressed as Primary Loss Absorbing Capacity.


See also