spanish sector impact


Final TLAC ratios will impact on Spanish sector revenues by around 4%

The Financial Stability Board (FSB) published information on the Total Loss Absorbing Capacity (TLAC) requirements for 2019 and 2022, which will be presented at the G-20 meeting later this month. Finally the TLAC ratio will be at the low end of expectations (16% and 18% respectively in those two years).