SLAC: Difference between revisions
imported>Doug Williamson (Links ordering.) |
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''Treasury - banking - recovery - resolution - supervision - regulation.'' | |||
1. | |||
Secondary Loss Absorbing Capital. | Secondary Loss Absorbing Capital. | ||
2. | |||
Secondary Loss Absorbing Capacity. | |||
== See also == | |||
*[[Capital]] | |||
*[[Capital adequacy]] | |||
*[[Contingent capital]] | |||
*[[GCLAC]] also referred to GLAC | |||
*[[Loss absorbing capacity]] | |||
*[[Primary Loss Absorbing Capital]] (PLAC) | |||
* [[Recovery]] | |||
*[[Regulation]] | |||
* [[Resolution]] | |||
*[[Supervision]] | |||
*[[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. | 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. | ||
Revision as of 09:56, 12 September 2024
Treasury - banking - recovery - resolution - supervision - regulation.
1.
Secondary Loss Absorbing Capital.
2.
Secondary Loss Absorbing Capacity.
See also
- Capital
- Capital adequacy
- Contingent capital
- GCLAC also referred to GLAC
- Loss absorbing capacity
- Primary Loss Absorbing Capital (PLAC)
- Recovery
- Regulation
- Resolution
- Supervision
- 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
