SLAC: Difference between revisions

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*[[Supervision]]
*[[Supervision]]
*[[Treasury]]
*[[Treasury]]
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.
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.
== See also ==
*[[Bailin]]
*[[Capital]]
*[[Capital adequacy]]
*[[Contingent capital]]
*[[GCLAC]] also referred to GLAC
*[[Loss absorbing capacity]]
*[[Primary Loss Absorbing Capital]]  (PLAC)
* [[Recovery]]
* [[Resolution]]


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

Latest revision as of 09:57, 12 September 2024

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

1.

Secondary Loss Absorbing Capital.


2.

Secondary Loss Absorbing Capacity.


See also