Reported 5 days ago
Global financial regulators, led by the Financial Stability Board (FSB), announced plans to tighten leverage controls on non-bank financial institutions (NBFIs) starting early 2025. The move comes in response to rising concerns about private credit's rapid growth and its risk factors, which could pose systemic risks to the financial system. The FSB is expected to release a consultation report with policy recommendations to help monitor vulnerabilities and mitigate risks associated with NBFIs' increasing borrowings.
Source: YAHOO