• TLAC – The FSB Issues the Final Principles and Final Term Sheet

    On 9 November 2015, the Financial Stability Board finalized its Principles on Loss-absorbing and Recapitalisation Capacity of G-SIBs in Resolution, including the Total Loss-absorbing Capacity (TLAC) Term Sheet. It introduces a new international standard for quantitative and qualitative requirements for external and internal TLAC as well as new disclosure requirements. By René Bösch / Benjamin Leisinger (Reference:…


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