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EU regulators warn on US resolution rules

Questions on US TLAC bills for foreign subsidiaries and bankruptcy-based resolution

eu-us-jigsaw
SRB's Koenig: important to balance home and host interests

European regulators have urged US authorities to maintain close co-operation with international partners on cross-border bank resolution, especially in drafting rules for total loss-absorbing capacity (TLAC). The comments echo concerns among foreign banks with American subsidiaries that proposed US TLAC requirements would undermine coherent resolution planning.

"I have been both a home and a host

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