The European Systemic Risk Board (ESRB) is assessing the potential risks posed by Europe’s fast-growing private credit market, with the possibility of recommending stronger regulatory oversight of the sector, according to a report by Reuters citing a senior adviser involved in the review.
Richard Portes, a member of the ESRB’s Advisory Technical Committee and co-chair of a newly established credit task force, said the group is examining how private credit could affect financial stability, partic...
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