PLAC: Difference between revisions

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imported>Doug Williamson
m (added loss absorbing capital to see also - 26/03/14)
imported>Doug Williamson
m (Temporary change of capital to capacity, pending its further investigation.)
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*[[Capital adequacy]]
*[[Capital adequacy]]
*[[Loss absorbing capital]]
*[[Loss absorbing capacity]]


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


[[Category:Regulation_and_Law]]
[[Category:Compliance_and_audit]]
[[Category:Managing_Risk]]
[[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