Fungible and GCLAC: Difference between pages
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''Bank resolution and recovery'' | |||
Gone Concern Loss Absorbing Capacity. | |||
The | Usage in the field of bank recovery and resolution has taken time to develop. The acronym was sometimes just GLAC that is defined as 'Gone-Concern Loss Absorbing Capacity'. | ||
GCLAC focused on the loss absorbing capacity of bail-in-able debt to replenish equity. | |||
The [[FSB]], that had used 'GLAC' has now changed to the term [[Total Loss Absorbing Capacity]] (TLAC). | |||
== See also == | == See also == | ||
* [[ | * [[Total Loss Absorbing Capacity]] | ||
* [[ | |||
*[[Capital adequacy]] | |||
*[[Loss absorbing capacity]] | |||
*[[Primary Loss Absorbing Capital]] (PLAC) | |||
*[[Recovery]] | |||
*[[Resolution]] | |||
*[[SLAC]] | |||
*[[MREL]] | |||
*[[Gone concern]] | |||
*[[Bailin]] | |||
[[Category:Compliance_and_audit]] | |||
[[Category:Risk_frameworks]] |
Revision as of 12:28, 25 June 2022
Bank resolution and recovery
Gone Concern Loss Absorbing Capacity.
Usage in the field of bank recovery and resolution has taken time to develop. The acronym was sometimes just GLAC that is defined as 'Gone-Concern Loss Absorbing Capacity'.
GCLAC focused on the loss absorbing capacity of bail-in-able debt to replenish equity.
The FSB, that had used 'GLAC' has now changed to the term Total Loss Absorbing Capacity (TLAC).