Not really. I know all of my daughter's friends' parents and we talk a lot about what our respective kids are up to. So when she visits friends (or they come over), the parents have a chit chat on the phone before hand, and if anything comes up that we think the other parent might find to be of interest, we dial the number. It's that simple.
All it takes is being (and remaining) actively involved in the lives of your kids.
Now sure, there WILL be times when she manages to pull a fast one and get away with something, but 80% of the time Dad's on the ball (and in the know), and what's important is that SHE knows it. More importantly, at some level, she appreciates it.