The project will assess whether perceived implicit funding subsidies have changed; how much progress has been made regarding the resolvability of systemically important banks; whether this has affected bank behavior; and whether there have been broader effects of the reforms on the real economy. The FSB published its work plan, invited feedback on it, and solicited supporting evidence of reform effects from respondents.
This is in line with the FSB’s aim to be open and transparent and engage in a dialogue with a broad range of stakeholders. To put the evaluation on a ﬁrm methodological foundation, the project is conducted with input from academic advisors.