This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

BCBS Statement: Basel Committee proposal to ensure the loss absorbency of regulatory capital at the point of non-viability

( August 19, 2010, 08:21 GMT | Official Statement) -- MLex Summary: International banking standard-setters proposed that bonds, hybrid securities and other instruments sold by banks should come with contractual terms that explicitly empower regulators to convert them into equity or order them written off, if the bank falls short of the capital needed to remain a viable enterprise.[The statement follows. The full proposal is attached at bottom.]...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections