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4 January 2024
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Created page with "{{a|crr|}}{{d|bail-in||n}}A regulatory mechanism that applies to regulated financial institutions as they teeter on the edge of oblivion. It allows a prudential regulator to write down, cancel or convert into common equity any part of the institution’s indebtedness. This is designed to protect retail depositors and preserve essential systemic stability by sacrificing a small class of investors while saving everyone else. This is quite a big deal, seeing as se..."
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