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