GCLAC: Difference between revisions
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imported>John Grout m (To add C to first word last para for consistency) |
imported>Doug Williamson (Link with MCT page.) |
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*[[Gone concern]] | *[[Gone concern]] | ||
* [[Bailin]] | * [[Bailin]] | ||
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[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] | ||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
Revision as of 16:17, 22 November 2014
Gone Concern Loss Absorbing Capacity.
Usage is (early 2014) still developing in this field of bank recovery and resolution and the acronym is sometimes just GLAC that might be seen as "Gone-concern Loss Absorbing Capacity".
GCLAC focuses on the loss absorbing capacity of bail-in-able debt to replenish equity.
