For example, globalization may be stalling relative to the pace we saw in the 2000s,12 and the geopolitical pressures I just touched on could even send it into reverse.
Major proposals that go beyond the reformed capital and liquidity framework include capital surcharges for systemically important institutions, better resolution regimes and a strengthening of the financial infrastructure. Commissioned by the G20, the FSB is already working towards that goal. 3.