GCLAC: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Standardise acronym presentation & add Managing Risk to page categories.) |
imported>Doug Williamson m (Added Bailin to see also 26/3/14) |
||
| Line 15: | Line 15: | ||
*[[Gone concern]] | *[[Gone concern]] | ||
* [[Bailin]] | |||
[[Category:Regulation_and_Law]] | [[Category:Regulation_and_Law]] | ||
[[Category:Managing_Risk]] | [[Category:Managing_Risk]] | ||
Revision as of 10:04, 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.
