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NBFI oversight ‘no longer adequate’, say BdF economists

Researchers call for stronger supervision of non-bank sector ‘before risks actually materialise’

banque-de-france

Economists from the Banque de France (BdF) have called for closer supervision of non-banks.

Their research, published on April 27, says that based on a recent system wide stress test involving banks and non-bank financial intermediaries (NBFIs) in France, current oversight of the latter “no longer appears adequate for reducing the tendency of certain types of NBFI – or certain practices – to

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