Events listed in TLAC Standard
Deployment of Unallocated Total Loss-Absorbing Capacity (uTLAC): Considerations for ...
ID 24428
The TLAC standard is designed to ensure that failing G-SIBs have enough loss-absorbing and recapitalization capacity available during resolution. uTLAC refers to TLAC resources that are not distributed to material sub-groups beyond what is needed to cover risks on the resolution entity’s solo balance sheet. uTLAC serves as a pool of readily available and fungible resources for the resolution entity. It can be flexibly ...