LNB News 13/11/2024
Document Information
Issue Date: 13 November 2024
Published Date: 13 November 2024
Jurisdiction(s): Eire and World
The Financial Stability Board (FSB) has issued a public statement underscoring the importance of resolution planning and loss-absorbing capacity (LAC) for banks that may be systemically significant or critical if they fail. The FSB urges authorities to assess which banks fall into this category and ensure they are prepared for resolution.
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