2017年7月25日公布内部TLAC原则综述稿 Guiding Principles on the Internal Total Loss-Absorbing Capacity of G-SIBs Internal TLAC Overview of Responses to the Public Consultation.pdfVIP

24 July 2017 Guiding Principles on the Internal Total Loss-absorbing Capacity of G-SIBs (‘Internal TLAC’) Overview of Responses to the Public Consultation Introduction On 16 December 2016, the FSB published a consultative document – Guiding Principles on the Internal Total Loss-absorbing Capacity of G-SIBs (‘Internal TLAC’) – that proposed a set of high-level guiding principles to assist the home and host authorities of crisis management groups (CMGs) for global systemically important banks (G-SIBs) in the implementation of 1 internal TLAC mechanisms. Internal TLAC, as set out in the FSB’s TLAC standard , is the loss-absorbing capacity that resolution entities have committed to material sub-groups. It provides a mechanism for the passing of loss absorption and recapitalisation needs of material sub-groups to the resolution entity of a G-SIB resolution group, without entry into resolution of the subsidiaries within the material sub-group. The FSB received 19 responses to the public consultation from G-SIBs, industry associations, official sector bodies and advisory firms.2 Respondents generally welcomed the clarification provided by the consultative document on issues relating to the implementation of internal TLAC, but a number of respondents expressed the view that the consultative document contained some shortcomings and did not address certain issues. This note summarises the comments raised in the public consultation and sets out the main changes that have been made to the guidance to address them. Summary of Main Issues The role of home and host authorities Many respondents objected to