Taking account of the progress in international discussions on developing a framework for an orderly resolution of global systemically important banks (G-SIBs), the Financial Services Agency (FSA) releases its approach to introduce the TLAC framework for Japanese G-SIBs as hereto attached.
Based on the policy described in the attached document and further deliberations, the relevant regulations (including supervisory guidelines) will be revised.
The FSA’s Approach to Introduce the TLAC Framework (PDF:102KB)
(Annex) A Model of Procedures of Orderly Resolution under the SPE Strategy for Japanese G-SIBs (PDF:416KB)