China plans renewed clamp-down on shadow banking practices as concerns grow over its systemic implications.
The shadow banking debate is intensifying as the global financial system's watchdogs grapple with how best to measure the ballooning non-bank sector and properly nurture it
The expansion of China’s shadow banking system has been spectacular – but attempts by the authorities to rein it in have so far only slowed the pace of that growth. Justin Pugsley reports.
The shadow banking sector poses a dilemma for policy-makers concerned about its increasing size and potential systemic implementations. Staff at the European Central Bank feel they have an answer to that challenge.
Rating agencies flag up concerns over the growth in China’s shadow banking system and non-performing loans
The Permanent Representatives Committee aims to limit shadow banks’ influence on the financial system.
Fund managers are set to welcome the Securities and Exchange Commission plan to consolidate the rulebook, but not a cap on derivatives notional exposure.
The Basel Committee seems to be targeting banks’ asset-backed vehicles, but asset managers fear they will bear the brunt of any new rules.
Better buy-side liquidity management and ongoing technological changes are seen as the answer, not a roll-back of post-crisis regulation.