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- W4230090117 abstract "This chapter discusses the need for a sufficient amount of properly structured long-term unsecured debt and other forms of total loss absorbing capacity (TLAC) in order to make SPE and other resolution strategies operationally feasible. In particular, the chapter summarizes the internal TLAC standard recently finalized by the Financial Stability Board. TLAC is defined as the sum of (1) common equity and other forms of going concern capital and (2) long-term unsecured debt and other forms of gone-concern loss absorbing capacity (GLAC)." @default.
- W4230090117 created "2022-05-11" @default.
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- W4230090117 date "2016-03-24" @default.
- W4230090117 modified "2023-09-24" @default.
- W4230090117 title "Part I Elements of Bank Resolution Regimes, 4 Total Loss Absorbing Capacity" @default.
- W4230090117 doi "https://doi.org/10.1093/law/9780199698011.003.0004" @default.
- W4230090117 hasPublicationYear "2016" @default.
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