International Regulatory Strategy Group
Published 14 Jun 2012
In its response to the European Commission's consultation on Shadow Banking, the IRSG highlights that shadow banking can be beneficial in providing alternative sources of finance, liquidity and risk diversification to the wider economy. However, the IRSG recognises that transparency of the sector could be improved.
You may also be interested in the IRSG's response to the FSB's integrated policy recommendations on Shadow Banking.