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【Financial Str. Release】PBOC official suggests enhancing long-term mechanism to consolidate financial stability
Enhancing the total loss-absorbing capacity (TLAC) of China's global systemically important banks (G-SIBs) is helpful to cement the financial system's stability and prevent and resolve systemic financial risks, reported Xinhua Finance citing Xuan Changneng, deputy governor of the People's Bank of China (PBOC), recently.
November24,2022
【Financial Str. Release】China releases notification for domestic G-SIBs to issue certain TLAC bonds
China's central bank and banking regulator released jointly on April 29 a notification for domestic global systemically important banks (G-SIBs) to issue non-capital total loss-absorbing capacity (TLAC) bonds to enhance financial stability and guard against risks, reported Xinhua Finance citing news posted on website of the central bank.
May05,2022
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