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”)....
It’s no secret that global regulators have stepped up efforts to learn additional information about nonbank financial intermediaries (NBFIs). Over the course of the year we have seen efforts by regulators on both sides of the Atlantic to drill into interconnectivity between banks and NBFIs and to better understand valuations in private markets. Here we...
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?
