n Without Prejudice - Basel III : Loss Absorbency Requirements : financial law
|Article Title||Basel III : Loss Absorbency Requirements : financial law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Affiliations||1 NortonRose South Africa|
|Publication Date||Oct 2011|
|Pages||44 - 45|
On January 13 2011, the Basel Committee on Banking Supervision issued a document "Minimum Requirements to Ensure Loss Absorbency at the Point of Non-Viability". The Loss Absorbency Rules supplement Basel III, which did not contain finalised criteria for the qualification of instruments as tier 1 and tier 2 capital (Regulatory Capital).
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