non-bank finance latest publications
In this publication you will find, on a weekly basis, our selection of the most relevant news regarding financial regulation.
November 18, 2020
US | Nonbank financial intermediation, financial sector stability, and policy implications
Nonbank financial intermediation represents a large share of the U.S. financial sector. In times of crisis, it has been supported by the primary banking regulator - the Federal Reserve. In the absence of changes in oversight, this could lead to increased moral hazard and financial instability over the long run.
Until now financing of Spain’s private sector has come mainly from banks, as is the norm in Europe general, and particularly in countries with a large proportion of small businesses.