News in Systemic Risk: Thursday, July 9, 2020 (10 a.m. ET) July 9, 2020 Global in Life and Orderly in Death: Post-Crisis Reforms and the Too-Big-to-Fail Question (Randal K. Quarles; Federal Reserve Board of Governors) Bank failure management in the European banking union: What's wrong and how to fix it (Fernando Restoy, Rastko Vrbaski, Ruth Walters; Bank for International Settlements) FSB and Basel Committee set out supervisory recommendations for benchmark transition (Financial Stability Board) Big Banks Aren’t Embracing Fed’s Main Street Loan Program (Jeanna Smialek; New York Times) Sri Lanka Reduces Key Rate for Fifth Time to Aid Economy (Anusha Ondaatjie; Bloomberg)