Date: 5th October 2016
Author:

With the view to domesticate "shadow banking" the Financial Stability Board propsed at yesterday's global regulators meeting higher levels of government intervention for non-bank lending markets. High quality global journalism requires investment. The wide-ranging package includes "new rules for everything from asset securitisation to short-term lending, as well as guidelines for regulators around the world on how to distinguish potentially dangerous innovations from garden variety 'market finance'.

Read our position paper on 'Shadow Banking'.