[PDF][PDF] Adequacy of loss-absorbing capacity of global systemically important banks in resolution
FS Board - consultative document, 2014 - fsb.org
FS Board
consultative document, 2014•fsb.orgThe publication of the proposal marks an important milestone in the completion of the work
programme established by the G20 to restore stability to the financial system. The
finalisation of the TLAC proposal together with the other initiatives identified in the progress
report 2 published on 12 th November 2014 will significantly enhance the likelihood that all
globally systemically important financial institutions are resolvable. As noted in our letter
dated 2 nd September 2014, IBFed recognises the role that loss absorbing capacity has to …
programme established by the G20 to restore stability to the financial system. The
finalisation of the TLAC proposal together with the other initiatives identified in the progress
report 2 published on 12 th November 2014 will significantly enhance the likelihood that all
globally systemically important financial institutions are resolvable. As noted in our letter
dated 2 nd September 2014, IBFed recognises the role that loss absorbing capacity has to …
The publication of the proposal marks an important milestone in the completion of the work programme established by the G20 to restore stability to the financial system. The finalisation of the TLAC proposal together with the other initiatives identified in the progress report 2 published on 12 th November 2014 will significantly enhance the likelihood that all globally systemically important financial institutions are resolvable.
As noted in our letter dated 2 nd September 2014, IBFed recognises the role that loss absorbing capacity has to play in ensuring the credibility of resolution as well as promoting trust and confidence between home and host authorities. We therefore offer our firm support for the ‘guiding principle’outlined in the paper.
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