GCLAC: Difference between revisions
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imported>Doug Williamson (Link with MCT page.) |
imported>John Grout (To update FSB usage and minor items) |
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Gone Concern Loss Absorbing Capacity. | Gone Concern Loss Absorbing Capacity. | ||
''Bank [[resolution]] and [[recovery]]'' | |||
GCLAC | Usage in field of bank recovery and resolution has taken time to develop. and the acronym was sometimes just GLAC that might be seen as "Gone-concern Loss Absorbing Capacity". | ||
GCLAC focused on the loss absorbing capacity of bail-in-able debt to replenish equity. | |||
The [[FSB]], that had used "GLAC", has since changed to the term [[Total Loss Absorbing Capacity]] (TLAC) for this. | |||
| Line 9: | Line 13: | ||
*[[Capital adequacy]] | *[[Capital adequacy]] | ||
*[[Loss absorbing capacity]] | *[[Loss absorbing capacity]] | ||
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*[[SLAC]] | *[[SLAC]] | ||
*[[MREL]] | |||
*[[Gone concern]] | *[[Gone concern]] | ||
* [[Bailin | |||
*[[Bailin]] | |||
[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] | ||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
Revision as of 12:22, 3 December 2014
Gone Concern Loss Absorbing Capacity.
Bank resolution and recovery
Usage in field of bank recovery and resolution has taken time to develop. and the acronym was sometimes just GLAC that might be seen as "Gone-concern Loss Absorbing Capacity".
GCLAC focused on the loss absorbing capacity of bail-in-able debt to replenish equity.
The FSB, that had used "GLAC", has since changed to the term Total Loss Absorbing Capacity (TLAC) for this.
