G-20 summit delivers agreement on TLAC

Mark Carney

Leaders of the G-20 group of nations have endorsed proposals for a standard governing total loss-absorbing capacity (TLAC), in an effort to move closer to ending the problem of ‘too big to fail banks'.

The proposals, set out by the Financial Stability Board (FSB) on November 10, aim to allow global banks to be resolved without sending catastrophic shockwaves throughout the financial system.

Under the draft standard, banks would have to hold 16–20% of risk-weighted assets in the form of bail-inab

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: