The regulation of private credit (PC) is firmly in the regulatory spotlight, as part of a broader focus on non-bank financial intermediation (NBFI). This Spotlight article explores whether PC features the risks typically associated with NBFI, and whether the regulatory architecture in the UK and EU is appropriate to address any such risks.
31 JUL 2024In this article, Leonard Ng and Qalid Mohamed consider the concept of “connected undertakings” under the new UK Investment Firms Prudential Regime (IFPR). They highlight certain concerns regarding the scope and application of consolidated supervision with respect to the concept of connected undertakings.
1 NOV 2021