As countries implement their D-SIB frameworks, the frameworks will be subject to peer review to preserve a level playing field and ensure compatibility with the G-SIB framework. More progress required While we have made solid progress, it is not clear yet that too-big-to-fail has been ended.
In good times there will be pressure to relax fiscal policy by lowering taxes rather than to let the automatic stabilisers work to improve the government surplus. At a weak point in the economic cycle there will also be pressure to relax fiscal policy in order to stimulate economic growth.