However, we received thorough and insightful feedback on the proposal that we have been considering carefully. Among the comments we received were many that called for further simplification of 2/5  BIS central bankers' speeches  the SCB framework.
Based on this feedback, I first would like to emphasize two elements of the 2018 SCB proposal that, in my more considered judgment, I now believe should not be a part of the final SCB framework. Second, I would like to introduce two new co-equal options, either of which would improve the final product.