Insiders: TLAC is conducive to improving the risk resistance of large banks
The people's Bank of China, China Banking and Insurance Regulatory Commission and the Ministry of Finance jointly issued the measures for the management of total loss absorption capacity of global systemically important banks, marking the formal implementation of TLAC regulatory rules in China. Industry analysts believe that with the gradual improvement of the international influence of China's banking industry, the implementation of TLAC supervision is of positive significance to strengthen market constraints, prevent and resolve financial risks, especially systemic financial risks, and enhance the robustness of the financial system, which is conducive to improving the risk disposal mechanism of China's commercial banks and improving the risk resilience of large banks.
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