Basel shines light on the topic of shadow banking

08 Apr 2011

Financial regulators are set to take a closer look at shadow banking systems, after the topic came up in regulatory discussions this week.

Stefan Walter, secretary general of the Basel Committee on Banking Supervision, spoke about shadow banking in a speech on Wednesday morning. The subject was also under discussion at the Financial Stability Board’s meeting in Rome on Tuesday.

Walter said shadow banking was an integral part of the financial ...

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