CapLaw-2017-45

  • The Financial Stability Board published its Guiding Principles on iTLAC

    On 6 July 2017, the Financial Stability Board published its guiding principles on the loss-absorbing resources to be committed to subsidiaries or sub-groups that are located in host jurisdictions and deemed material for the resolution of a G-SIB as a whole (iTLAC). The guiding principles support the implementation of the iTLAC requirement in each host…

    By

    René Bösch

    /

    Benjamin Leisinger

    /

    Lee Saladino

    Reference:
    Read more: The Financial Stability Board published its Guiding Principles on iTLAC