On December 27, 2023, the US federal banking regulators proposed a new set of reporting requirements for bank loans and commitments to private credit lenders and intermediaries. 1 This change reflects ...
Regulators and investors cannot reliably gauge banks’ exposure to private credit because disclosures are neither standardised nor specific. The Federal Reserve’s FR Y-9C form contains no line items ...
Connecting borrowers and lenders can involve a long chain of financial intermediaries. While these go-betweens can benefit the broader economy by smoothing the flow of credit, there are now probably ...