On 23 May 2019, the FSB published a summary Terms of Reference and a call for public feedback on its evaluation of too-big-to-fail reforms. Interested parties were invited to provide written responses by 21 June 2019. These responses are available below. The feedback will be considered by the FSB as it prepares the draft report, which will be issued for public consultation in June 2020. The final report will be published in late 2020.

The FSB thanks those who have taken the time and effort to express their views.

A. Pollock and T. Stanton

American Bankers Association (ABA)

Anat Admati (Stanford GSB)

Bank Policy Institute (BPI) response and research note


BNP Paribas

Credit Suisse

European Banking Federation

European Financial Congress

Financial Services Forum

Global Financial Markets Association (GFMA)

Institute of International Finance (IIF)

Japanese Bankers Association (JBA)

MEW Consul

Steven Ongena

US Chamber of Commerce

World Council of Credit Unions