Judgement and LAC: Difference between pages

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imported>Doug Williamson
(Classify page.)
 
imported>John Grout
(To add LAC/Loss absorbing capital)
 
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1.
Loss absorbing capital


An evaluation, or part of an evaluation, involving professional skill and experience, as well as data.
In the field of bank [[resolution]] and [[recovery]] capital available as equity to be written down or to be converted to equity ("bail-in-able") before creditors generally, not contractually bail-in-able, are hit in a bank failure or threatened failure.
 
Often associated with ''qualitative techniques''.
 
 
:<span style="color:#4B0082">'''''Government to revisit its judgement'''''</span>
 
:"Before the impact of the coronavirus became clear, the government was content to run an ongoing deficit that would broadly stabilise the debt-to-GDP ratio over the medium term rather than reduce it – a judgement that it will no doubt re-visit in the wake of the current crisis."
 
:''The UK Office for Budget Responsibility’s coronavirus analysis, April 2020''
 
 
2. ''Profesional skills''
 
The ability and practice of exercising and applying professional experience to an issue.
 
 
3.
 
Alternative spelling of ''judgment''.
 
 
==See also==
*[[Debt-to-GBP ratio]]
*[[Enforcement]]
*[[Office for Budget Responsibility]]
*[[Qualitative techniques]]
*[[Value judgement]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Revision as of 11:56, 24 March 2014

Loss absorbing capital

In the field of bank resolution and recovery capital available as equity to be written down or to be converted to equity ("bail-in-able") before creditors generally, not contractually bail-in-able, are hit in a bank failure or threatened failure.