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The Financial Crisis and Information Gaps: Progress Report Action Plans and Timetables

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California and Hawaii do not provide detailed performance standards within the legislation, these states have separate solar-specific equipment certification and contractor licensing requirements. Two other states with tax credits—Hawaii and Oklahoma—also have equipment certification standards and/or special contractor licenses to help ensure adequate performance. North Carolina lacks these state requirements but provides detailed equipment standards within the tax-credit legislation. More stringent quality assurance is required in Utah, Rhode Island, and Oregon. These states require that applicants obtain certification prior to (Oregon) or following installation (Utah, Rhode Island) of the system to qualify for the tax credit | The Financial Crisis and Information Gaps FINANCIAL STABILITY BOARD Progress Report Action Plans and Timetables Prepared by the IMF Staff and the FSB Secretariat May 2010 2 Contents Page Contents.2 List of Abbreviations and Acronyms.3 Executive Summary.4 Introduction.11 I. Progress made since November 2009.11 A. Conceptual statistical framework needs development.13 Build-up of risk in the financial sector.13 Cross-border financial linkages.14 Vulnerability of domestic economies to shocks.16 B. Conceptual statistical frameworks exist and ongoing collection needs enhancement .16 II. Challenges and Institutional Arrangements.18 III. Work Program.19 Summary Table Progress Report Action Plans and Timetables.5 Figure 1 Overview of the 20 Recommendations.12 Annex Detailed Action Plans and Timetables.20 3 LIST of Abbreviations and Acronyms 2008 SNA ABS BCBS BIS BOPCOM BSA BPM6 The System of National Accounts 2008 Asset Backed Securities Basel Committee on Banking Supervision Bank for International Settlements IMF Committee on Balance of Payments Statistics Balance Sheet Approach Balance of Payments and International Investment Position Manual sixth edition CCPs CDS CGFS CPIS CPPIs CRT ECB Eurostat FOF FSAP FSB FSF FSI G-20 G-22 GFS GFSM 2001 GFSR HFCS IAG IAIS IBS IMF IIP IOSCO ISWGNA IWGPS MCM OECD OTC PGI PSD REPIs SDDS SIGFIs SNA SPV SRF STA TFFS UN WG WGSD WEO Central Counterparties Credit Default Swaps Committee on the Global Financial System Coordinated Portfolio Investment Survey Commercial Property Price Indices Credit Risk Transfer European Central Bank Statistical Office of the European Communities Flow of Funds Financial Sector Assessment Program Financial Stability Board Financial Stability Forum Financial Soundness Indicators The Group of Twenty The Group of Twenty Two Government Finance Statistics Government Finance Statistics Manual 2001 IMF s Global Financial Stability Report Household Finance and Consumption Survey Interagency Group on Economic and .

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