Global regulator has given banks until February to comment
Global regulators have outlined a series of measures to
force banks to boost their capacity to sustain heavy losses,
marking the latest step by regulators to tackle the risks posed
by large banks.
The Financial Stability Board, working with the Basel
Committee on Banking Supervision, opened on Monday a
consultation on plans to force global systemically important
banks (G-SIBs) to adhere to a new minimum standard for "total
loss-absorbing capacity" (TLAC).
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.