Resumen de CoCo protections plan eases investor concerns.
The article reports developments in the global financial markets as of mid-September 2016, particularly involving contingent convertible instruments (CoCo). Also cited are the framework drafted by the European Commission that prioritises CoCos if a bank's maximum distributable amount (MDA) is under pressure, and the comments by law firm Allen & Overy's Tom Grant and the Royal Bank of Scotland on the topic.
