Under rules released in 2021, China's four G-SIBs will have to hold TLAC equal to 16 percent of their risk-weighted assets by 1 January 2025.
January 18, 2023The FSB said resolution planning for G-SIBs is maturing but more progress is needed on the development of resolution plans for CCPs and insurers.
December 9, 2022The G-SIBs are encouraged to improve their TLAC internal planning and management mechanisms and issue TLAC non-capital bonds in offshore markets.
December 1, 2022Bank of America will have to meet a higher capital buffer requirement, while China Construction Bank and BNP Paribas will have to meet a lower buffer requirement.
November 22, 2022The notice is aimed at facilitating the issuance of non-capital bonds with loss-absorbing capacity by Chinese D-SIBs.
May 4, 2022In a new paper, the FSB provides an overview of practices, operational processes and arrangements as part of the bail-in process.
December 15, 2021The FSB says work is under way to build up external TLAC for the four Chinese G-SIBs, but that all other G-SIBs report that they already meet or exceed the final TLAC requirement.
December 8, 2021JP Morgan, BNP and Goldman have moved to higher buckets, meaning they will have to hold larger capital buffers from 1 January 2023.
November 24, 2021China’s G-SIBs must have total loss-absorbing capacity amounting to at least 16% of RWA and a leverage ratio of 6% by 1 January 2025.
November 2, 2021All jurisdictions now have final rules in force for the CCyB, following implementation in China. Three more jurisdictions have adopted the final TLAC rules.
October 18, 2021