Market participants believe the FSB's proposals for total loss absorbing capacity are well-intended, but question whether banks will be able to implement it
Private equity and hedge funds are increasingly looking to shipping investments. But the sector has seen a number of restructurings over the past five years, and the area remains legally challenging
What will trigger a write-down in Korea? Clarifications of the write-down requirements for Korean banks' Basel III-compliant bonds are expected to encourage deals and appeal to investors. Korean regulators recently clarified the terms and conditions of Basel III-compliant bonds from banks in the jurisdiction. Previously either a management improvement order (MIO) by the relevant regulators or regulator's designation of the financial institution as insolvent would trigger a write-down.
