LAC: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>John Grout No edit summary |
imported>Doug Williamson m (Standardise punctuation & categorise the page.) |
||
| Line 1: | Line 1: | ||
Loss absorbing capital | 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. | 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. | ||
| Line 12: | Line 12: | ||
*[[MREL]] Minimum Requirement for own funds and Eligible Liabilities | *[[MREL]] Minimum Requirement for own funds and Eligible Liabilities | ||
[[Category:Regulation_and_Law]] | |||
[[Category:Managing_Risk]] | |||
Revision as of 13:08, 24 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
