LSTA, Inc. recently submitted comments on the recent consultation report titled “Leverage in Non-bank Financial Intermediation” which sets out the FSB’s analysis and proposed policy recommendations designed to address potential financial stability risks arising from leverage in non-bank financial intermediation (NBFI) (“Consultation”)....
Private markets are undoubtedly an area of global regulatory focus – as news coverage continually reminds us. But what does that really mean? And what does it portend for credit markets?