G20 watchdog urges governments to tackle non-bank financial risks
Zurich – The Financial Stability Board (FSB) on Wednesday made recommendations to governments to reduce risks around hedge funds, insurers and other non-bank financial intermediaries, which now account for almost half of global financial assets. The sector of non-bank financial intermediation is projected to grow by nearly 130% between 2009 and 2023, according to the … Read more
