FSB and staff of the International Monetary Fund (IMF) have produced an update for G-20 on the progress of the regulatory reform agenda as it relates to information gaps. The update says there has been good progress in priority areas, such as a draft reporting template for G-SIFIs that are banks. It says work is also ongoing on data availability and conceptual work. However, there are still challenges, particularly on strengthening the availability of consistent and comparable economic information. The report includes an action plan and timetables, which it asks G-20 to endorse. (Source: Implementation Progress Report on the Financial Crisis and Information Gaps)