GCLAC: Difference between revisions
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imported>Doug Williamson m (Added Bailin to see also 26/3/14) |
imported>Doug Williamson m (added link to Loss absorbing capacity) |
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*[[Capital adequacy]] | *[[Capital adequacy]] | ||
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Revision as of 15:16, 26 March 2014
Gone Concern Loss Absorbing Capacity.
Usage is (early 2014) still developing in this field of bank recovery and resolution and the acronym is sometimes just GLAC that might be seen as "Gone-concern Loss Absorbing Capacity".
GLAC focuses on the loss absorbing capacity of bail-in-able debt to replenish equity.
