SLAC: Difference between revisions

Latest revision as of 09:57, 12 September 2024

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

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Secondary Loss Absorbing Capital.

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Secondary Loss Absorbing Capacity.

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