EU Regulator Raises Concerns over Data 'Black Holes' Impacting Shadow Banking Risk Analysis
Tuesday, 9 July 2024, 08:41
Key Points:
The EU watchdog raises alarm on data 'black holes' in shadow banking risk assessment.
Highlighted Concerns:
- Lack of Comprehensive Data: Impeding risk detection and management.
- Regulatory Challenges: Posed by data deficiencies in assessing shadow banking risks.
In light of these challenges, addressing the data gaps is essential for effective risk mitigation and safeguarding financial stability.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.