The objectives of the evaluation are twofold to:
- assess whether the reforms for which implementation has been completed or are underway are reducing the systemic and moral hazard risks associated with systemically important banks (SIBs); and
- examine broader effects of the reforms on the financial system. This involves analysis of the extent to which reform-induced changes in SIBs’ structures and activities have impacted overall financial system resilience and structure.
The evaluation will cover all FSB jurisdictions and include, to the extent possible, cross-border and cross-sectoral effects from the implementation of too-big-to-fail policies for SIBs. The results of the evaluation will be published in a draft report, expected to be issued for public consultation in June 2020. The final report is expected to be published by the end of 2020.