TLAC Resource Center

As the Total Loss-Absorbing Capacity framework is rolled out around the globe, Cleary Gottlieb lawyers on both sides of the Atlantic are helping clients understand and comply with these new requirements.

Below are links to Cleary Alert Memos addressing the global TLAC standard and its implementations in Europe, the UK and the U.S., as well as related primary source materials and key news items. We will be updating this page periodically, which can be reached directly via

International Standards

Europe: TLAC and MREL

U.S. TLAC Implementation