PLAC: Difference between revisions
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imported>Doug Williamson m (added loss absorbing capital to see also - 26/03/14) |
imported>Doug Williamson m (Temporary change of capital to capacity, pending its further investigation.) |
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*[[Capital adequacy]] | *[[Capital adequacy]] | ||
*[[Loss absorbing | *[[Loss absorbing capacity]] | ||
*[[SLAC]] - Secondary Loss Absorbing Capital | *[[SLAC]] - Secondary Loss Absorbing Capital | ||
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*[[GCLAC]] also referred to as GLAC - gone-concern loss absorbing capital | *[[GCLAC]] also referred to as GLAC - gone-concern loss absorbing capital | ||
[[Category: | [[Category:Compliance_and_audit]] | ||
[[Category: | [[Category:Risk_frameworks]] | ||
Revision as of 09:53, 27 March 2014
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.
See also
- SLAC - Secondary Loss Absorbing Capital
- GCLAC also referred to as GLAC - gone-concern loss absorbing capital
