FSB: Consultation report on Leverage in Non-bank Financial Intermediation
FSB has published a consultation report on nine proposed policy recommendations to monitor and address financial stability risks from leverage in non-bank financial intermediation (NBFI). Entities in scope are non-bank financial firms that use leverage, either financial or synthetic, including hedge funds, other leveraged investment funds, pension funds and insurance companies. Where relevant, banks and broker-dealers are also in scope in their role as leverage providers. Responses are required by 28 February 2025.
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