Item No.G20/FSB recommendationsARAUBRCACNECFRDEHKINIDITJPMXKRRUSASGZAESCHNLTRUKUS
Refining the regulatory perimeter
1Review of boundaries of the regulatory framework including strengthening oversight of shadow banking REF REF DIP REF REF DIP REF DIP REF REF REF REF DAF DIP REF REF REF REF DIP IOC REF REF REF REF REF
Hedge funds
2Registration, appropriate disclosures and oversight of hedge funds N/A REF REF REF DAF REF REF DAF REF DPD N/A REF REF REF REF REF REF REF DPD REF REF REF DPD   REF
3Establishment of international information sharing framework N/A REF REF REF N/A REF REF REF REF ABN N/A REF REF N/A REF REF ABN REF DIP REF REF REF N/A IOC DIP
4Enhancing counterparty risk management REF REF REF REF DPD REF REF REF REF DPD REF IOC REF DIP REF REF IOC REF REF REF REF REF IOC REF REF
Securitisation
5Improving the risk management of securitisation REF DIP REF DIP REF REF REF REF REF REF REF REF REF REF REF DPD REF REF ABN REF REF REF DIP REF REF
6Strengthening of regulatory and capital framework for monolines N/A REF N/A N/A N/A DAF DAF N/A N/A IOC N/A REF N/A DIP N/A REF N/A N/A N/A N/A N/A N/A N/A DAF N/A
7Strengthening of supervisory requirements or best practices for investment in structured products REF DIP REF DPD REF REF REF REF DIP REF REF ABN REF REF REF DIP REF REF DIP REF DIP REF DIP REF ABN
8Enhanced disclosure of securitised products REF REF REF DPD REF DAF REF DAF REF REF DPD IOC REF REF REF DIP REF REF DIP REF ABN REF ABN REF REF
Enhancing supervision
9Consistent, consolidated supervision and regulation of SIFIs DIP DPD DIP REF DPD REF REF REF DIP REF DIP REF REF REF REF REF IOC REF REF REF REF REF REF REF REF
10Establishing supervisory colleges and conducting risk assessments N/A N/A REF REF REF REF REF REF REF REF N/A REF REF N/A REF DIP IOC N/A DIP REF REF REF N/A REF REF
11Supervisory exchange of information and coordination N/A REF REF REF REF DAF REF REF REF REF REF REF REF REF REF REF DIP REF DPD REF REF DAF REF REF REF
12Strengthening resources and effective supervision REF REF IOC REF REF REF REF REF REF REF REF REF REF REF REF IOC IOC REF REF REF REF REF REF REF REF
Building and implementing macro-prudential frameworks and tools
13Establishing regulatory framework for macro-prudential oversight REF REF REF REF REF REF REF REF REF REF REF DIP REF REF REF REF IOC REF DIP REF REF REF REF REF REF
14Enhancing system-wide monitoring and the use of macro-prudential instruments REF REF REF REF DAF REF REF REF REF REF REF ABN REF REF REF REF IOC REF DIP DIP REF REF DIP REF DPD
15Improved cooperation between supervisors and central banks REF REF REF REF REF DPD REF REF REF REF REF IOC REF REF REF REF REF REF ABN REF REF REF REF REF REF
Improving oversight of credit rating agencies
16Enhancing regulation and supervision of CRAs REF REF REF REF REF REF REF REF REF REF REF REF REF REF REF REF DIP REF REF REF REF REF DIP REF REF
17Reducing the reliance on ratings No information on this recommendation was collectedsince the FSB is conducting a peer review in this area.
Enhancing and aligning accounting standards
18Consistent application of high-quality accounting standards REF REF REF REF REF REF REF REF REF REF REF REF REF REF REF DAF REF REF REF REF REF REF REF REF DPD
19Appropriate application of Fair Value Accounting REF REF REF REF REF REF REF REF REF DIP REF REF REF REF REF IOC REF REF DIP REF DIP DPD REF DPD REF
Enhancing risk management
20Enhancing guidance to strengthen banks' risk management practices, including on liquidity and foreign currency funding risks REF DPD REF REF REF REF REF REF REF REF REF DPD REF REF REF DIP IOC REF REF DAF REF REF DIP REF REF
21Efforts to deal with impaired assets and raise additional capital REF REF N/A REF REF REF IOC IOC IOC REF REF REF REF REF REF REF REF N/A REF IOC REF REF ABN DPD REF
22Enhanced risk disclosures by financial institutions REF REF REF REF REF REF REF REF REF REF REF REF REF REF REF DIP REF REF REF REF REF REF REF IOC REF
Strengthening deposit insurance
23Strengthening of national deposit insurance arrangements DIP DPD REF REF DIP DPD REF REF DIP DIP DIP ABN REF DIP N/A DPD N/A REF ABN N/A REF REF REF REF DPD
Safeguarding the integrity and efficiency of financial markets
24Enhancing market integrity and efficiency REF REF REF REF N/A DPD DPD IOC DAF REF N/A REF REF REF REF IOC REF REF ABN DPD DIP DPD N/A REF DPD
25Enhanced market transparency in commodity markets REF REF REF ABN REF DPD DPD REF ABN REF N/A REF REF N/A REF DAF N/A DIP DIP DPD DIP DPD ABN DIP REF
26Legal Entity Identifier DIP REF IOC DPD DIP REF REF REF REF REF N/A IOC DIP DIP REF REF IOC DIP ABN REF DIP REF IOC DAF REF
Enhancing financial consumer protection
27Enhancing financial consumer protection REF REF REF REF DIP DPD REF REF REF REF REF REF REF DIP DPD DIP DPD REF DIP IOC DIP REF REF IOC REF

*A few recommendations (e.g. 1, 9) involve areas designated as priorityunder the CFIM. Information on national/regional implementation in these areas will continue to be collected via the IMN survey untilimplementation is sufficiently underway to allow more intensive monitoring and detailed reporting via stand-alone progress reports.

Acronyms:

AR
Argentina
AU
Australia
BR
Brazil
CA
Canada
CN
China
EC
European Commission
FR
France
DE
Germany
HK
Hong Kong
IN
India
ID
Indonesia
IT
Italy
JP
Japan
MX
Mexico
KR
Korea
RU
Russia
SA
Saudi Arabia
SG
Singapore
ZA
South Africa
ES
Spain
CH
Switzerland
NL
Netherlands
TR
urkey
UK
United Kingdom
US
United States
Legend
Not applicable N/A
Applicable but no action envisaged at the moment ABN
Implementation ongoing or completed: But no further breakup provided IOC
Draft in preparation DIP
Draft published DPD
Draft approved and in force/to be in force DAF
Reform effective (completed) REF
Response Not submitted