Foreign Exchange Joint Standing Committee and Loss absorbing capacity: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Add link.)
 
imported>Doug Williamson
(Delete link.)
 
Line 1: Line 1:
(FXJSC).
''Bank supervision''


1. ''UK.''
(LAC).


The UK's FXJSC includes foreign exchange market participants, infrastructure providers and the UK financial regulators.  
In the field of bank [[resolution]] and [[recovery]], loss absorbing capacity is the ability of a bank to suffer losses without falling below regulatory minima of capital and requiring re-capitalisation or [[resolution]].


It contributed to the development of the FX Global Code from a UK perspective.
LAC may take the form of equity, subordinated debt, senior unsecured debt, and other unsecured uninsured liabilities.
 
It is chaired by the Bank of England.
 
 
2.  ''Other jurisdictions.''
 
Similar bodies other jurisdictions.




== See also ==
== See also ==
* [[Bank of England]]
*[[Bank supervision]]
* [[Federal Reserve Bank]]
*[[Total Loss Absorbing Capacity]]  
* [[FEOMA]]
*[[PLAC]] primary loss absorbing capacity
* [[Foreign exchange]]
*[[SLAC]] secondary loss absorbing capacity
* [[FX Global Code]]
*[[GCLAC]] or GLAC gone-concern loss absorbing capacity
* [[Global Foreign Exchange Committee]]
*[[MREL]] minimum requirement for own funds and eligible liabilities
* [[ICOM]]
* [[IFEMA]]
* [[IFXCO]]
* [[Infrastructure]]
* [[International Swaps and Derivatives Association]]  (ISDA)
* [[ISDA Master Agreement]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_frameworks]]
[[Category:Financial_products_and_markets]]

Revision as of 21:22, 20 November 2016

Bank supervision

(LAC).

In the field of bank resolution and recovery, loss absorbing capacity is the ability of a bank to suffer losses without falling below regulatory minima of capital and requiring re-capitalisation or resolution.

LAC may take the form of equity, subordinated debt, senior unsecured debt, and other unsecured uninsured liabilities.


See also