FSB Publishes Final TLAC Standard
By EsqSocial Corporation 02/12/15
On 9 November 2015, the Financial Stability Board (FSB) issued its Principles establishing a new international standard for “total loss absorbing capacity” (TLAC) for global systemically important banks (G-SIBs). According to Mark Carney, FSB Chair,...
By: Allen & Overy LLP