Below is a selection of speeches and articles written by members of the Committee and of the FMLC Secretariat on matters related to financial markets law. Please note that speeches are normally given in a personal capacity and, where opinions are expressed, these should not necessarily be taken to represent the views of the Committee as a whole. The FMLC's publications on related issues can be viewed by clicking on the link below.
In 2009, the G20 acknowledged that the current capital requirements do not deal adequately with the ideal of returning a bank to lending after resolution because they do not provide for a means by which Banks can quickly rebuild their Basel III capital and so meet the requirements for authorisation. In consequence regulators developed standards on so-called “loss absorbing capacity” which are designed to ensure not only that banks have enough capital to absorb losses but also that they have enough to recapitalise themselves once the flow of losses has been stemmed.
FMLC CEO Joanna Perkins made a presentation on Loss-Absorbing Capacity and Bank Capital to a small group of experts and public sector officials at the offices of Freshfields Bruckhaus Deringer LLP. While the event was closed to the public, Dr Perkins’ comments can be accessed below.