2015年11月9日fsb发布最终TLAC要求TLAC-Principles-and-Term-Sheet-for-publication-final.pdfVIP

Principles on Loss-absorbing and Recapitalisation Capacity of G-SIBs in Resolution Total Loss-absorbing Capacity (TLAC) Term Sheet 9 November 2015 2 Foreword At the St. Petersburg Summit in 2013, the G20 Leaders called on the Financial Stability Board (FSB), “in consultation with standard setting bodies, to assess and develop proposals by end-2014 on the adequacy of global systemically important financial institutions’ loss- absorbing capacity when they fail.” 1 The FSB’s agenda for addressing the risks arising from global systemically important financial institutions (G-SIFIs) was set out in 2010, with the goal of reducing both the probability and impact of failure of such firms. It consisted of requirements for assessing the systemic importance of institutions, for additional going-concern loss absorbency, for increased supervisory intensity, for more effective resolution, and for stronger financial market infrastructure. Substantial progress has been made in the implementation of these requirements. However, for home and host authorities and markets to have confidence that systemically important banks are truly no longer “too–big-to-fail” and are resolvable without exposing public funds to loss, they must have confidence that these firms have sufficient capacity to absorb losses, both before and during resolution. The FSB has developed, in consultation with the Basel Committee on Banking Supervision (BCBS) (i) a set of principles that elaborate on the premise set out in the September 2013 report on Progress and Next Steps Towards Ending “Too-Big-To-Fail” (TBTF)2 that there