Investment Management Association and PLAC: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Amended as organisation renamed)
 
imported>Doug Williamson
(Add link.)
 
Line 1: Line 1:
(IMA).  
Primary Loss Absorbing Capital.


Renamed The Investment Association.
Used, especially in the UK, to refer to equity and bail-in-able long term debt of banks that can be written down in case of financial distress. It includes both equity and bail-in-able long-term debt.




==See also==
The great majority of bank capital in future must be PLAC, in contrast with Secondary Loss Absorbing Capital (SLAC).
* [[Investment]]
 
 
== See also ==
 
*[[Capital adequacy]]
*[[Loss absorbing capacity]]
*[[MREL]]
*[[Principal write down]]
*[[TLAC]]
*[[Total Loss Absorbing Capacity]]
 
*[[SLAC]] - Secondary Loss Absorbing Capital
 
*[[GCLAC]] also referred to as GLAC - gone-concern loss absorbing capital
*[[MCT]]
*[[Bailin]]
 
[[Category:Compliance_and_audit]]
[[Category:Risk_frameworks]]

Revision as of 14:27, 13 August 2016

Primary Loss Absorbing Capital.

Used, especially in the UK, to refer to equity and bail-in-able long term debt of banks that can be written down in case of financial distress. It includes both equity and bail-in-able long-term debt.


The great majority of bank capital in future must be PLAC, in contrast with Secondary Loss Absorbing Capital (SLAC).


See also

  • SLAC - Secondary Loss Absorbing Capital
  • GCLAC also referred to as GLAC - gone-concern loss absorbing capital
  • MCT
  • Bailin