U.S. TLAC rules are tougher than the final FSB requirements
Published on Friday, November 13, 2015 | Updated on Wednesday, February 7, 2018
U.S. TLAC rules are tougher than the final FSB requirements
On 30 October 2015, the Federal Reserve (Fed) published its proposal on Total Loss Absorbing Capacity (TLAC) requirements for G-SIBs (the most systemically important U.S. bank holding companies (Covered BHCs) and U.S. intermediate holding companies (IHCs) of comparable foreign banks. It will be open for comment until 1 February 2016.
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