PLAC: Difference between revisions
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imported>Doug Williamson (Create the page. Source: http://www.publications.parliament.uk/pa/jt201213/jtselect/jtpcbs/126/12606.htm) |
imported>John Grout m (To cross refer to SLAC) |
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Primary Loss Absorbing Capital. | Primary Loss Absorbing Capital. | ||
Used, especially in the UK, to refer to equity and bail-in-able long term debt of banks that can be written down in case of financial distress. | |||
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*[[Capital adequacy]] | *[[Capital adequacy]] | ||
*[[SLAC]] - Secondary Loss Absorbing Capital | |||
*[[GCLAC]] also referred to as GLAC - gone-concern loss absorbing capital | |||
[[Category:Regulation_and_Law]] | [[Category:Regulation_and_Law]] | ||
