{"id":296,"date":"2015-11-10T00:00:00","date_gmt":"2015-11-10T00:00:00","guid":{"rendered":"https:\/\/www.fbf.fr\/en\/2015\/11\/10\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\/"},"modified":"2021-11-02T13:37:59","modified_gmt":"2021-11-02T11:37:59","slug":"the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete","status":"publish","type":"post","link":"https:\/\/fbf.fr\/en\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\/","title":{"rendered":"The implementation of the TLAC standard completes the measures in place to reinforce the robustness of systemic banks and renders the European proposal on the separation of banks obsolete"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>The Financial Stability Board has issued its proposal for the TLAC (Total Loss Absorbing Capacity) standard for global systemically important banks.<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With the new standard, which will be submitted to the G20 at its next meeting of 15 and 16 November in Turkey, regulators have laid the final stone in the reinforcement of banking regulations that began in 2008. <br> <br>The aim of the TLAC is to define new requirements in terms of capital and convertible debt for major banks which, should they find themselves in difficulty, will ensure that they have sufficient resources to maintain critical functions for financial stability without recourse to public funds or compromising deposits. It constitutes a response to the specific risk that banks above a certain size could represent. As a result, the European proposal on the separation of banks, justified at the time of its publication by the need to respond to the question of banks that are &#8220;too-big-to fail&#8221;, is now obsolete. <br> <br>The TLAC overlaps with the resolution mechanisms already in place in Europe, notably the MREL (Minimum Requirement for own funds and Eligible Liabilities). It is therefore vital that it be properly calibrated and articulated with existing measures during its transposition into European Community law. French banks will be particularly vigilant. It is essential that the new standard upholds the specific characteristics of the universal banking model used by institutions in Europe. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/fbf.fr\/fr\/la-mise-en-oeuvre-du-tlac-paracheve-le-dispositif-renforcant-la-solidite-des-banques-systemiques-et-rend-obsolete-le-projet-europeen-de-separation-bancaire\/\">La mise en \u0153uvre du TLAC parach\u00e8ve le dispositif renfor\u00e7ant la solidit\u00e9 des banques syst\u00e9miques et rend obsol\u00e8te le projet europ\u00e9en de s\u00e9paration bancaire<\/a><br> <br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Financial Stability Board has issued its proposal for the TLAC (Total Loss Absorbing Capacity) standard for global systemically important banks. With the new standard, which will be submitted to the G20 at its next meeting of 15 and 16 November in Turkey, regulators have laid the final stone in the reinforcement of banking regulations [&hellip;]<\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","views":214,"viewed_at":"1778257020"},"categories":[603,595],"tags":[],"class_list":["post-296","post","type-post","status-publish","format-standard","hentry","category-europe-and-international","category-french-banking-industry"],"yoast_head":"<title>The implementation of the TLAC standard completes the measures in place to reinforce the robustness of systemic banks and renders the European proposal on the separation of banks obsolete<\/title>\n<meta name=\"description\" content=\"The Financial Stability Board has issued its proposal for the TLAC (Total Loss Absorbing Capacity) standard for global systemically important banks.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fbf.fr\/en\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The implementation of the TLAC standard completes the measures in place to reinforce the robustness of systemic banks and renders the European proposal on the separation of banks obsolete\" \/>\n<meta property=\"og:description\" content=\"The Financial Stability Board has issued its proposal for the TLAC (Total Loss Absorbing Capacity) standard for global systemically important banks.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fbf.fr\/en\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\/\" \/>\n<meta property=\"og:site_name\" content=\"The French Banking Federation\" \/>\n<meta property=\"article:published_time\" content=\"2015-11-10T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-02T11:37:59+00:00\" \/>\n<meta name=\"author\" content=\"abrienne\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"abrienne\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/fbf.fr\\\/en\\\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/fbf.fr\\\/en\\\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\\\/\"},\"author\":{\"name\":\"abrienne\",\"@id\":\"https:\\\/\\\/fbf.fr\\\/en\\\/#\\\/schema\\\/person\\\/7a0eaa7cb55394ac1162659cb9e30fe8\"},\"headline\":\"The implementation of the TLAC standard completes the measures in place to reinforce the robustness of systemic banks and renders the European proposal on the separation of banks obsolete\",\"datePublished\":\"2015-11-10T00:00:00+00:00\",\"dateModified\":\"2021-11-02T11:37:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/fbf.fr\\\/en\\\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\\\/\"},\"wordCount\":286,\"publisher\":{\"@id\":\"https:\\\/\\\/fbf.fr\\\/en\\\/#organization\"},\"articleSection\":[\"Europe and International\",\"French Banking Industry\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/fbf.fr\\\/en\\\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\\\/\",\"url\":\"https:\\\/\\\/fbf.fr\\\/en\\\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\\\/\",\"name\":\"The implementation of the TLAC standard completes the measures in place to reinforce the robustness of systemic banks and renders the European proposal on the separation of banks obsolete\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/fbf.fr\\\/en\\\/#website\"},\"datePublished\":\"2015-11-10T00:00:00+00:00\",\"dateModified\":\"2021-11-02T11:37:59+00:00\",\"description\":\"The Financial Stability Board has issued its proposal for the TLAC (Total Loss Absorbing Capacity) standard for global systemically important banks.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/fbf.fr\\\/en\\\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/fbf.fr\\\/en\\\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/fbf.fr\\\/en\\\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/fbf.fr\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The implementation of the TLAC standard completes the measures in place to reinforce the robustness of systemic banks and renders the European proposal on the separation of banks obsolete\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/fbf.fr\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/fbf.fr\\\/en\\\/\",\"name\":\"The French Banking Federation\",\"description\":\"The French Banking Federation is the professional body representing all banks operating in France.\",\"publisher\":{\"@id\":\"https:\\\/\\\/fbf.fr\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/fbf.fr\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/fbf.fr\\\/en\\\/#organization\",\"name\":\"The French Banking Federation\",\"url\":\"https:\\\/\\\/fbf.fr\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/fbf.fr\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/fbf.fr\\\/uploads\\\/2026\\\/06\\\/cropped-FBF_150-90-2-4.png\",\"contentUrl\":\"https:\\\/\\\/fbf.fr\\\/uploads\\\/2026\\\/06\\\/cropped-FBF_150-90-2-4.png\",\"width\":150,\"height\":90,\"caption\":\"The French Banking Federation\"},\"image\":{\"@id\":\"https:\\\/\\\/fbf.fr\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/fbf.fr\\\/en\\\/#\\\/schema\\\/person\\\/7a0eaa7cb55394ac1162659cb9e30fe8\",\"name\":\"abrienne\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a7cff2b3bc9bb0a0494d4272a51f2ec66e062da08c5686e5fb1a471b73baadc9?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a7cff2b3bc9bb0a0494d4272a51f2ec66e062da08c5686e5fb1a471b73baadc9?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a7cff2b3bc9bb0a0494d4272a51f2ec66e062da08c5686e5fb1a471b73baadc9?s=96&d=mm&r=g\",\"caption\":\"abrienne\"}}]}<\/script>","yoast_head_json":{"title":"The implementation of the TLAC standard completes the measures in place to reinforce the robustness of systemic banks and renders the European proposal on the separation of banks obsolete","description":"The Financial Stability Board has issued its proposal for the TLAC (Total Loss Absorbing Capacity) standard for global systemically important banks.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fbf.fr\/en\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\/","og_locale":"en_US","og_type":"article","og_title":"The implementation of the TLAC standard completes the measures in place to reinforce the robustness of systemic banks and renders the European proposal on the separation of banks obsolete","og_description":"The Financial Stability Board has issued its proposal for the TLAC (Total Loss Absorbing Capacity) standard for global systemically important banks.","og_url":"https:\/\/fbf.fr\/en\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\/","og_site_name":"The French Banking Federation","article_published_time":"2015-11-10T00:00:00+00:00","article_modified_time":"2021-11-02T11:37:59+00:00","author":"abrienne","twitter_card":"summary_large_image","twitter_misc":{"Written by":"abrienne","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fbf.fr\/en\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\/#article","isPartOf":{"@id":"https:\/\/fbf.fr\/en\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\/"},"author":{"name":"abrienne","@id":"https:\/\/fbf.fr\/en\/#\/schema\/person\/7a0eaa7cb55394ac1162659cb9e30fe8"},"headline":"The implementation of the TLAC standard completes the measures in place to reinforce the robustness of systemic banks and renders the European proposal on the separation of banks obsolete","datePublished":"2015-11-10T00:00:00+00:00","dateModified":"2021-11-02T11:37:59+00:00","mainEntityOfPage":{"@id":"https:\/\/fbf.fr\/en\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\/"},"wordCount":286,"publisher":{"@id":"https:\/\/fbf.fr\/en\/#organization"},"articleSection":["Europe and International","French Banking Industry"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/fbf.fr\/en\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\/","url":"https:\/\/fbf.fr\/en\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\/","name":"The implementation of the TLAC standard completes the measures in place to reinforce the robustness of systemic banks and renders the European proposal on the separation of banks obsolete","isPartOf":{"@id":"https:\/\/fbf.fr\/en\/#website"},"datePublished":"2015-11-10T00:00:00+00:00","dateModified":"2021-11-02T11:37:59+00:00","description":"The Financial Stability Board has issued its proposal for the TLAC (Total Loss Absorbing Capacity) standard for global systemically important banks.","breadcrumb":{"@id":"https:\/\/fbf.fr\/en\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fbf.fr\/en\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fbf.fr\/en\/the-implementation-of-the-tlac-standard-completes-the-measures-in-place-to-reinforce-the-robustness-of-systemic-banks-and-renders-the-european-proposal-on-the-separation-of-banks-obsolete\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fbf.fr\/en\/"},{"@type":"ListItem","position":2,"name":"The implementation of the TLAC standard completes the measures in place to reinforce the robustness of systemic banks and renders the European proposal on the separation of banks obsolete"}]},{"@type":"WebSite","@id":"https:\/\/fbf.fr\/en\/#website","url":"https:\/\/fbf.fr\/en\/","name":"The French Banking Federation","description":"The French Banking Federation is the professional body representing all banks operating in France.","publisher":{"@id":"https:\/\/fbf.fr\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fbf.fr\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/fbf.fr\/en\/#organization","name":"The French Banking Federation","url":"https:\/\/fbf.fr\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fbf.fr\/en\/#\/schema\/logo\/image\/","url":"https:\/\/fbf.fr\/uploads\/2026\/06\/cropped-FBF_150-90-2-4.png","contentUrl":"https:\/\/fbf.fr\/uploads\/2026\/06\/cropped-FBF_150-90-2-4.png","width":150,"height":90,"caption":"The French Banking Federation"},"image":{"@id":"https:\/\/fbf.fr\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/fbf.fr\/en\/#\/schema\/person\/7a0eaa7cb55394ac1162659cb9e30fe8","name":"abrienne","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a7cff2b3bc9bb0a0494d4272a51f2ec66e062da08c5686e5fb1a471b73baadc9?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a7cff2b3bc9bb0a0494d4272a51f2ec66e062da08c5686e5fb1a471b73baadc9?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a7cff2b3bc9bb0a0494d4272a51f2ec66e062da08c5686e5fb1a471b73baadc9?s=96&d=mm&r=g","caption":"abrienne"}}]}},"_links":{"self":[{"href":"https:\/\/fbf.fr\/en\/wp-json\/wp\/v2\/posts\/296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fbf.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fbf.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fbf.fr\/en\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/fbf.fr\/en\/wp-json\/wp\/v2\/comments?post=296"}],"version-history":[{"count":0,"href":"https:\/\/fbf.fr\/en\/wp-json\/wp\/v2\/posts\/296\/revisions"}],"wp:attachment":[{"href":"https:\/\/fbf.fr\/en\/wp-json\/wp\/v2\/media?parent=296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fbf.fr\/en\/wp-json\/wp\/v2\/categories?post=296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fbf.fr\/en\/wp-json\/wp\/v2\/tags?post=296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}