Tag Archives: Going Concern

Rating Contingent Capital Securities

Introduction FSOC released its report on contingent capital on July 18, entitled “Report to Congress on Study of a Contingent Capital Requirement for Certain Nonbank Financial Companies and Bank Holding Companies”.  The report places a particular focus on the important … Continue reading

Posted in Financial Risk Analysis | Tagged , , | Leave a comment

Going… less going… much less going… gone.

It appears that there is one common issue in bank resolution, recapitalization and structuring going concern capital instruments, the lack of a standardized, consistent, audited, comparable, transparent and well defined trigger.  Market based triggers are subject to manipulation, regulatory triggers … Continue reading

Posted in Financial Risk Analysis | Tagged , , | Leave a comment

Would going concern rating become an alternative creditworthiness standard?

Given the current divergence on going concern guidance in both accounting and auditing regulations and reliance of ICAAP, or economic capital adaequacy assessment in Pillar 2, on the assumption of going concern, it appears that going concern rating could potentially … Continue reading

Posted in Financial Risk Analysis | Tagged , , | Leave a comment