As we noted early last week, the G-20 Brisbane summit is indeed what FSB head Mark Carney called a “watershed” for the years of work aimed at ending TBTF.  Reflecting this, the FSB and many large banks have worked diligently over the course of a long weekend at the IMF/World Bank meeting to finalize key aspects of the global-resolution framework.  Wherever this wasn’t possible, proposals at least made clear how hard everyone is trying. 
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