GCLAC: Difference between revisions

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== See also ==
== See also ==
* [[Total Loss Absorbing Capacity]]


*[[Bailin]]
*[[Capital adequacy]]
*[[Capital adequacy]]
*[[Gone concern]]


*[[Loss absorbing capacity]]
*[[Loss absorbing capacity]]
*[[MREL]]


*[[Primary Loss Absorbing Capital]]  (PLAC)
*[[Primary Loss Absorbing Capital]]  (PLAC)
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*[[SLAC]]
*[[SLAC]]


*[[MREL]]


*[[Gone concern]]


*[[Bailin]]
* [[Total Loss Absorbing Capacity]]


[[Category:Compliance_and_audit]]
[[Category:Compliance_and_audit]]
[[Category:Risk_frameworks]]
[[Category:Risk_frameworks]]

Revision as of 12:42, 25 June 2022

Bank resolution and recovery

Gone Concern Loss Absorbing Capacity.


Usage in the field of bank recovery and resolution has taken time to develop. The acronym was sometimes just GLAC that is defined 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 now changed to the term Total Loss Absorbing Capacity (TLAC).


See also