Tag: BRRD

The European Commission consults on CRR and CRD IV and on bank financing

Just before the summer break, the EC published a consultation on the effects of higher bank capital requirements under the CRR. Time to pay back! This is an important consultation, as generally only interested parties (banks) contribute. Unfortunately, in particular academics stay away from these consultations. This is depressing. Given that European academics seldom work for private… Read More The European Commission consults on CRR and CRD IV and on bank financing

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The Eurogroup 4 pager

At your service, here is the Eurogroup 4 pager with requirements in a pdf: eurogp4pager, and more neat here, via Kathimerini English. And, here is its pre-study, the German non-paper.

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Good, bad, and ugly questions about TLAC

Last November, the Financial Stability Board (FSB) presented its consultation document on Total Loss Absorbency Capacity (TLAC). The document is a response to the request of G20 leaders to enhance the loss-absorbing capacity of global systemically important banks (G-SIBs) in resolution. It presents a term-sheet with requirements for TLAC. The document looks heavy-handed because of… Read More Good, bad, and ugly questions about TLAC

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Canada moves into bail-in territory

Good to see Canada responding to the Group of 20 (G-20) initiative made in the wake of the recent global financial crisis. Yesterday Finance Minister Joe Oliver launched a public consultation on bail-in for Canada’s domestic systemically important banks. Canada joins the jurisdictions that have incorporated bail powers into their resolution regimes, e.g. Denmark, the United Kingdom, Switzerland and… Read More Canada moves into bail-in territory

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