We have some work left to do but I am confident that it will be completed, and the FSB will continue to push all of its members for full completion of these important measures. Resolution One of the most important issues the world faced during the financial crisis was the “too-big-tofail” dilemma.
It is useful to note that a somewhat similar choice has been exercised even in the USA where one is likely to see at least Basel II and Basel I-A entities operating simultaneously. Similarly, even amongst the Basel II entities, it is likely that banks will be implementing various combinations of the multiple options available for computing capital requirements for the three major risks.