It is in the public interest to increase the resiliency of the largest financial institutions to prevent the need for future taxpayer assistance to forestall a more serious financial crisis. However, ...

The largest Chinese banks may be forced to issue bail-in debt under Hong Kong’s new resolution framework imminently, even though the Financial Stability Board (FSB) has given China an additional six ...

As Australia's banking regulator begins engaging with industry over plans for a new loss-absorbing regulatory framework, banks warn that any move to subordinate existing debt could introduce contagion ...

The Financial Stability Board (FSB) has issued its final standard that sets Total Loss-Absorbing Capacity (TLAC) requirements for global banks, the Basel-based regulator announced on Monday. The new ...

The Office of the Superintendent of Financial Institutions (OSFI) on Monday issued its final guideline on total loss absorbing capacity (TLAC) disclosure requirements for Canadian domestic ...

China’s central bank has ordered the country’s lenders to meet new asset and leverage standards to make them more resistant to risk as the financial system grapples with disruptions from the Covid-19 ...

Specific proposals to amend the drafting of the proposed Regulations and Directive, together with some additional proposals to amend the current texts of the BRRD, SMR Regulation, CRR and CRD IV ...

On December 15, 2016, the Board of Governors of the Federal Reserve System (the “Federal Reserve”) issued its final rules regarding total loss absorbing capacity (the “Final TLAC Rule”) requirements ...

French regulators want to merge TLAC and MREL requirements Proposal is part of ECB's simplification efforts European banks say U.S. lenders have easier regulatory regime Final recommendations will be ...