Total Loss-Absorbing Capacity

11/02/2015 04:15 p.m. - 04:45 p.m. EDT

Capital Markets

Oliver I. Ireland


Trevor Starer
(212) 336-4310

Market participants have been keeping a close eye on the Financial Stability Board’s progress toward a final total loss-absorbing capacity, or TLAC, requirement for banks that are G-SIFIs.  In late September 2015, the FSB agreed a near-final term sheet for TLAC, which is expected to be announced and released in mid-November prior to the G-20 meeting.  On October 30, 2015, the Federal Reserve Board will hold an open meeting at which it released a notice of proposed rulemaking for the TLAC requirement for U.S. banks that are G-SIFIs

We will provide an overview of:

  • The FSB’s TLAC requirement;
  • The Fed’s proposed TLAC requirement;
  • Potential differences between the FSB and the Fed standard; and
  • Discuss the anticipated effect on various financial products.


  • Oliver Ireland, Morrison & Foerster LLP

This will be an operator-assisted call; all lines will be muted, but we will provide for a Q&A.


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