Australia’s financial watchdog Australian Prudential Regulation Authority (APRA) has warned that private credit exposures linked to global market conditions are increasing, prompting a ramp-up in supervisory scrutiny across banks, insurers and superannuation funds, according to a report by Bloomberg.
In its latest industry update, APRA said that while Australia’s domestic private credit market remains relatively small, institutions are increasingly exposed to offshore developments through interc...
Continue Reading
Sign up for FREE to read the full article and access 128K+ alternative investment headlines.
Alternative Investment News