Market Participants and Regulators Should Be More Vigilant Of Non-Banks

Forbes

A key theme of the Financial Stability Board’s eighth annual global monitoring report was summarized by Klaas Knot, Chair of the FSB Standing Committee on Assessment of Vulnerabilities, “Non-banks play a growing role in the financial system, and their share of the financial system is the largest on record. They are becoming important players in areas where banks traditionally have played dominant roles.”

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