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Letter on adequacy of loss-absorbing capacity of globally systemically important banks in resolution

4 Feb 2015

The International Banking Federation welcomes the opportunity to respond to the consultative document on the above topic.

The publication of the proposal marks an important milestone in the completion of the work programme established by the G20 to restore stability to the financial system. The finalisation of the TLAC proposal together with the other initiatives identified in the progress report published on 12th November 2014 will significantly enhance the likelihood that all globally systemically important financial institutions are resolvable.

Letter on adequacy of loss-absorbing capacity of globally systemically important banks in resolution
 
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