Fed tweaks TLAC rules to help banks make distributions

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Fed tweaks TLAC rules to help banks make distributions

US_Federal_Reserve_dollars_PA_575x375_240320
(200323) -- WASHINGTON, March 23, 2020 (Xinhua) -- Photo taken on March 23, 2020 shows a U.S. dollar banknote in Washington D.C., the United States. The U.S. Federal Reserve (Fed) announced on Monday a plan to purchase U.S. treasuries and agency mortgage-backed securities with no limit to help markets function more efficiently amid COVID-19 uncertainty. (Xinhua/Liu Jie) | Liu Jie/Xinhua News Agency/PA Images

The US Federal Reserve has made it easier for the country's banks to eat into their total loss-absorbing capacity (TLAC) buffers without facing restrictions on equity and debt distributions.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article