LAC: Difference between revisions

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imported>Doug Williamson
m (Standardise abbreviation presentation.)
imported>Doug Williamson
m (Added 1 lines space before see also and added Bailin to see also - 26/3/14)
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In the field of bank [[resolution]] and [[recovery]] capital available as equity to be written down or to be converted to equity ("bail-in-able") before creditors generally, not contractually bail-in-able, are hit in a bank failure or threatened failure.
In the field of bank [[resolution]] and [[recovery]] capital available as equity to be written down or to be converted to equity ("bail-in-able") before creditors generally, not contractually bail-in-able, are hit in a bank failure or threatened failure.


==See also==
==See also==
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*[[MREL]] Minimum Requirement for own funds and Eligible Liabilities
*[[MREL]] Minimum Requirement for own funds and Eligible Liabilities
* [[Bailin]]


[[Category:Regulation_and_Law]]
[[Category:Regulation_and_Law]]
[[Category:Managing_Risk]]
[[Category:Managing_Risk]]

Revision as of 10:24, 26 March 2014

Loss Absorbing Capital.

In the field of bank resolution and recovery capital available as equity to be written down or to be converted to equity ("bail-in-able") before creditors generally, not contractually bail-in-able, are hit in a bank failure or threatened failure.


See also

  • PLAC primary loss absorbing capital
  • SLAC secondary loss absorbing capital
  • GCLAC or GLAC, gone-concern loss absorbing capital
  • MREL Minimum Requirement for own funds and Eligible Liabilities
  • Bailin