GCLAC and IBAN: Difference between pages

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imported>Doug Williamson
m (Minor changes to wording to make sentence flow easier. Added Total Loss Absorbing Capacity to see also.)
 
imported>Administrator
(CSV import)
 
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Gone Concern Loss Absorbing Capacity.
International Bank Account Number.
 
''Bank [[resolution]] and [[recovery]]''.
 
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 ==
== See also ==
* [[Total Loss Absorbing Capacity]]
* [[International bank account number]]
 
*[[Capital adequacy]]
 
*[[Loss absorbing capacity]]
 
*[[PLAC]]
 
*[[SLAC]]
 
*[[MREL]]
 
*[[Gone concern]]
 
*[[Bailin]]


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

Revision as of 14:19, 23 October 2012

International Bank Account Number.

See also