GFMA and the Institute of International Finance (IIF) provide comments to the Financial Stability Board (FSB) on the FSB’s publication of a term sheet (TS) for Total Loss Absorbing Capacity (TLAC) for Global Systemically Important Banks (G-SIBs). –
See more at: http://www.gfma.org/correspondence/item.aspx?id=657#sthash.4oevq0Xp.dpuf