TLAC
TLAC subordination requirements loom in Europe
EC favours excluding derivatives from MREL and taking French approach to subordination
Derivatives bail-in raises questions in Hong Kong
Banks seek clarity, but regulator wants maximum flexibility for its bail-in decisions
EU moves to resolve bank bail-in debate
Council urges EC to clarify implementation of MREL and TLAC
König: banks should not wait to build bail-in buffers
Single resolution board head also warned against political back-sliding on bail-in
Banks remodel issuance structures to combat TLAC
New subsidiaries set to dodge structured note issuance limitations
US banks fret over Fed's domestic internal TLAC concept
Lobbyists fear authorities have already reached a verdict on domestic internal TLAC
EU regulators warn on US resolution rules
Questions on US TLAC bills for foreign subsidiaries and bankruptcy-based resolution
Fed under pressure to rethink TLAC rules
US becomes the first G20 nation to propose total loss absorbing capacity rules, but deems existing debt ineligible for inclusion
North America house of the year: Credit Suisse
Structured notes and ETN growth drives Swiss bank to top spot
Law firm of the year: Morrison & Foerster
Thought leadership and advisory work on TLAC make firm issuers’ preferred partner
Retail structurer of the year: JP Morgan
Internal revamp and strong prop index performance keeps US bank in top spot
Risk manager of the year: Barclays
Prudent TLAC management and index unit divestment see UK issuer ahead of curve
Enria: new legislation can help bolster AT1 market
The EBA is also reconsidering its advice to the European Commission on the treatment of CVA risk
Australian banks fear statutory approach to TLAC
Bail-in rule for all senior debt could drive up funding costs significantly
Unresolvable clearing houses pose ‘enormous risk’
CCPs, the TLAC and Basel III capital rules are all cause for concern, Minnesota Fed hears
Q&A: FDIC’s Hoenig warns on daily settled swaps
FDIC vice-chair on leverage-cutting schemes, TLAC and TBTF
FDIC’s Hoenig: don’t impose TLAC, let equity 'do its job'
FDIC vice-chair says TLAC should reflect individual bank business models
US issuers push for structured notes TLAC carve-out
US banks lobby Fed to reconsider eligibility of principal-protected notes
Dealers tout bond repacks to bridge TLAC issuance gap
G-Sibs see repacks as possible substitute for structured notes
FSB’s Andresen: liquidity risks were underpriced pre-crisis
Top staffer at FSB addresses liquidity, bank risk data and securities financing risks in a wide-ranging interview
Basel proposal to cause ‘huge problem’ for TLAC market-making
Proposal requiring banks to deduct holdings of other banks’ TLAC debt could restrict market-making
Q&A: Bafin's Hufeld concerned ECB doesn't understand German banks
Sparkassen and co-operative sectors 'look like an outlier that doesn't fit with Europe'
Banks say multiple-point-of-entry firms gain TLAC advantage
No equivalent cap on aggregate buffer for G-Sibs that face resolution as single group
Fed TLAC proposals put structured notes in limbo
Vague rules spark confusion; Morgan Stanley may face headaches