Financial Services Financial Services

Shadow banking sector would face system-wide disclosure and buffer rules under BIS plans

By Fiona Maxwell
  • 06 Dec 2021 06:30
  • 03 Dec 2021 12:00
Funds, insurers and other parts of the shadow banking sector need system-wide regulation to prevent a repeat of risky events that have occurred recently, the Bank for International Settlements has said. 

BIS general manager Agustín Carstens has called for a “macroprudential regulatory approach” to address structural vulnerabilities in what are collectively know

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Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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