Some issues and implications of shadow banking
By Allen & Overy’s co-head of global banking, Stephen Kensell, and global head of international capital markets David Krischer.
As the implications of the slew of financial services regulation targeting the banking sector becomes clear, governments and regulators around the world are turning their attention to shadow banking.
This is an incredibly complex and complicated subject which regulators themselves still do not know how to tackle but which has some fundamental implications for the future provision of credit.
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