SIFIs

FSB welcomes extension of industry initiative to promote orderly cross-border resolution of G-SIBs

FSB welcomes industry initiative to promote the orderly resolution of G-SIBs by extending contractual arrangements for the cross-border effectiveness of temporary stays in resolution for OTC derivatives and securities financing transactions.

Chair’s letter to the G20: Financial Reforms – Achieving and Sustaining Resilience for All

This letter from the FSB Chair to the G20 Leaders in advance of the Antalya Summit reports on progress on the FSB’s work and highlights issues that demand the attention of Leaders.

FSB issues final Total Loss-Absorbing Capacity standard for global systemically important banks

The TLAC standard has been designed so that failing G-SIBs will have sufficient loss-absorbing and recapitalisation capacity available in resolution.

Total Loss-Absorbing Capacity (TLAC) Principles and Term Sheet

Final TLAC Principles and Term Sheet agreed by the FSB as part of measures to end too-big-to-fail.

Overview of the post-consultation revisions to the TLAC Principles and Term Sheet

An overview of the changes made to the TLAC standard following the public consultation and impact assessment studies.

Summary of Findings from the TLAC Impact Assessment Studies

A summary of the impact assessment studies conducted as part of the finalisation of the TLAC standard.

TLAC Quantitative Impact Study Report

A BCBS report to analyse the impact of external and internal TLAC requirements, including shortfall analysis for G-SIBs and holdings of TLAC instruments by G-SIBs and non-G-SIBs.

Assessing the economic costs and benefits of TLAC implementation

An assessment of the micro- and macroeconomic costs and benefits of TLAC conducted by a group of experts chaired by the Bank for International Settlements (BIS).

Historical Losses and Recapitalisation Needs findings report

An analysis of historical losses and public recapitalisation needs for selected systemically important financial institutions that failed.

Removing Remaining Obstacles to Resolvability

The progress report provides an update on the FSB’s work to develop policy to allow for recovery and resolution of SIFIs.

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