GCLAC: Difference between revisions
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imported>Doug Williamson m (added link to Loss absorbing capacity) |
imported>John Grout m (To add C to first word last para for consistency) |
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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". | 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. | |||
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* [[Bailin]] | * [[Bailin]] | ||
[[Category: | [[Category:Compliance_and_audit]] | ||
[[Category: | [[Category:Risk_frameworks]] | ||
Revision as of 08:50, 27 July 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.
