GCLAC: Difference between revisions
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imported>John Grout mNo edit summary |
imported>Doug Williamson m (Standardise acronym presentation & add Managing Risk to page categories.) |
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Gone | 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". | 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". | ||
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[[Category:Regulation_and_Law]] | [[Category:Regulation_and_Law]] | ||
[[Category:Managing_Risk]] | |||
Revision as of 13:24, 24 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.
