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...
Continue Reading
Sign up for FREE to read the full article and access 134K+ alternative investment headlines.
Alternative Investment News