G-20 has recognised that regulatory reform requires enhancements to a range of supporting policies and infrastructure, including compensation practices that promote prudent risk taking; the greater standardization of derivatives contracts and the use of risk-proofed central counterparties (CCPs); improved accounting standards that better recognize loan-loss provisions and dampen adverse dynamics associated with fair-value accounting.
1 The views expressed here are my own and not necessarily those of my colleagues on  the Federal Reserve Board or the Federal Open Market Committee. 2 One can find the Senior Loan Officer Opinion Survey on Bank Lending Practices at  the following link. https://www.federalreserve.gov/data/sloos.htm.