9 Nov 2015

AFME comments on final TLAC standard for G-SIBs

AFME welcomes the publication of the FSB's final standard on Total Loss-absorbing Capacity (TLAC).

Oliver Moullin, Head of Recovery and Resolution at AFME, said: “This establishes a robust TLAC standard which will build upon the recovery and resolution framework now in place to ensure that the largest banks have high levels of loss absorbing resources enabling them to be resolved without taxpayers bearing losses.”

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