Final TLAC rules in line with the expectations
Published on Friday, November 13, 2015 | Updated on Wednesday, November 18, 2015
Final TLAC rules in line with the expectations
After one year of intense debate in the financial community, on 9 November the Financial Stability Board (FSB) published its final standards on the Total Loss Absorbing Capacity (TLAC) requirements for global systemically important banks “G-SIBs” and the findings of the Quantitative Impact Study (QIS) conducted by the FSB . It will enter into force in 2019.
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