2025-11-27

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Revisions to Standard LAC Disclosure Templates Annex 1 Template TLAC1 and Template TLAC1(A)

The Hong Kong Monetary Authority has issued revised standard disclosure templates TLAC1 and TLAC1(A) to implement the Loss-absorbing Capacity Requirements for the banking sector. Template TLAC1 mandates resolution entities to report the composition of their external loss-absorbing capacity at the LAC consolidation group level, while Template TLAC1(A) requires material subsidiaries to disclose their internal loss-absorbing capacity. These semi-annual fixed-format templates specify detailed row-by-row calculations for regulatory and non-regulatory capital elements, deductions, and resulting risk-weighted and leverage ratios.

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