In connection with its update to the G20, the Financial Stability Board has published:

  1. a letter setting out progress in relation to financial reform including key areas of priority such as building resilient financial institutions, improving resolution regimes and strengthening the oversight and regulation of shadow banking; and
  2. a progress report on reforming resolution regimes and resolution planning for globally systemically important financial institutions (G-SIBs).

These documents, together with the Basel Committee report on the implementation of the Basel regulatory framework, the FSB thematic review of resolution regimes and the Fifth FSB progress report on the implementation of OTC derivatives (all detailed herein) together provide a comprehensive overview to the G20 on the implementation to date of agreed financial reforms.