Global Watchdog Warns of Risks in $2 Trillion Private Credit Industry
The Financial Stability Board (FSB) has raised concerns about the growing $2 trillion private credit industry, citing opaque data, complex structures, and potential risks to banks, insurers, and asset managers. The report highlights the sector's increasing interconnectedness with traditional financial institutions and warns of vulnerabilities to broader markets.
Topics: financial stability FSB report private credit regulatory scrutiny