International Accounting Standards and PLAC: Difference between pages

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imported>Doug Williamson
m (Category added 9/10/13)
 
imported>Doug Williamson
m (Temporary change of capital to capacity, pending its further investigation.)
 
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(IAS).  
Primary Loss Absorbing Capital.


International Financial Reporting Standards.
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. It includes both equity and bail-in-able long-term debt.




== See also ==
== See also ==
* [[Accounting standards]]
* [[IAS]]
* [[International Financial Reporting Standards]]
* [[Primary statements]]


[[Category:Accounting_and_Reporting]]
*[[Capital adequacy]]
*[[Loss absorbing capacity]]
 
*[[SLAC]] - Secondary Loss Absorbing Capital
 
*[[GCLAC]] also referred to as GLAC - gone-concern loss absorbing capital
 
[[Category:Compliance_and_audit]]
[[Category:Risk_frameworks]]

Revision as of 09:53, 27 March 2014

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. It includes both equity and bail-in-able long-term debt.


See also

  • SLAC - Secondary Loss Absorbing Capital
  • GCLAC also referred to as GLAC - gone-concern loss absorbing capital