G20 has published a communiqué from a meeting of the G20 Finance Ministers and Central Bank Governors in Shanghai. The Ministers agreed more needs to be done in pursuit of global growth. The meeting discussed key financial regulatory measures. The group called for faster progress on structural reforms and reiterated their commitment to measures such as the total loss absorbing capacity (TLAC) standard and implementation of the IOSCO Principles for Financial Market Infrastructures. The leaders also called on FATF to continue and intensify its efforts to tackle loopholes and deficiencies in the prevention of terrorist financing framework. (Source: G20 communiqué on key global economic challenges)