GCLAC: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>John Grout (To update FSB usage and minor items) |
(Mend link.) |
||
| (8 intermediate revisions by one other user not shown) | |||
| Line 1: | Line 1: | ||
''Bank resolution and recovery'' | |||
Gone Concern Loss Absorbing Capacity. | |||
Usage in field of bank recovery and resolution has taken time to develop. | |||
Usage in the field of bank recovery and resolution has taken time to develop. The acronym was sometimes just GLAC that is defined as 'Gone-Concern Loss Absorbing Capacity'. | |||
GCLAC focused on the loss absorbing capacity of bail-in-able debt to replenish equity. | GCLAC focused on the loss absorbing capacity of bail-in-able debt to replenish equity. | ||
The [[FSB]], that had used | The [[FSB]], that had used 'GLAC' has now changed to the term [[Total Loss Absorbing Capacity]] (TLAC). | ||
== See also == | == See also == | ||
*[[Bailin]] | |||
*[[Capital adequacy]] | *[[Capital adequacy]] | ||
* [[Financial Stability Board]] (FSB) | |||
*[[Gone concern]] | |||
*[[Loss absorbing capacity]] | *[[Loss absorbing capacity]] | ||
*[[MREL]] | *[[MREL]] | ||
*[[ | *[[Primary Loss Absorbing Capital]] (PLAC) | ||
*[[Recovery]] | |||
*[[Resolution]] | |||
*[[ | *[[Secondary Loss Absorbing Capital]] (SLAC) | ||
* [[Total Loss Absorbing Capacity]] | |||
[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] | ||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
Latest revision as of 09:59, 12 September 2024
Bank resolution and recovery
Gone Concern Loss Absorbing Capacity.
Usage in the field of bank recovery and resolution has taken time to develop. The acronym was sometimes just GLAC that is defined as 'Gone-Concern Loss Absorbing Capacity'.
GCLAC focused on the loss absorbing capacity of bail-in-able debt to replenish equity.
The FSB, that had used 'GLAC' has now changed to the term Total Loss Absorbing Capacity (TLAC).
