Leverage In Shadow Banking | Financial Stability Board General Secretary John Schindler скачать в хорошем качестве

Leverage In Shadow Banking | Financial Stability Board General Secretary John Schindler

This episode of Monetary Matters is brought to you by VanEck. Learn more about the VanEck Semiconductor ETF (SMH): http://vaneck.com/SMHJack Learn more about the VanEck Fabless Semiconductor ETF (SMHX): http://vaneck.com/SMHXJack John Schindler, General Secretary of the Financial Stability Board (FSB), joins Monetary Matters to discuss the rise of non-bank financial intermediation (NBFI), sometimes referred to as “shadow banking.” There are signs that NBFI leverage is growing and NBFI data is not as transparent or available as in the traditional banking system, and these two forces may pose financial stability risks. Schindler shares the FSB’s recommendations for how to ameliorate these potential risks. From the FSB: The Financial Stability Board (FSB) coordinates at the international level the work of national financial authorities and international standard-setting bodies in order to develop and promote the implementation of effective regulatory, supervisory and other financial sector policies. Its mandate is set out in the FSB Charter, which governs the policymaking and related activities of the FSB. Reports and recommendations: Final FSB Report on NBFI Leverage (web link): https://www.fsb.org/2025/07/leverage-... Final FSB Report on NBFI Leverage (pdf): https://www.fsb.org/uploads/P090725-1... Scihndler’s Eurofi speech: https://www.fsb.org/2024/09/building-... Global Monitoring Report on Non-Bank Financial Intermediation 2024: https://www.fsb.org/2024/12/global-mo... 2021 Report on Money Market Resilience: https://www.fsb.org/2021/10/policy-pr... Revised Policy Recommendations to Address Structural Vulnerabilities from Liquidity Mismatch in Open-Ended Funds: https://www.fsb.org/2023/12/revised-p... Liquidity Preparedness for Margin and Collateral Calls: Final report: “https://www.fsb.org/2024/12/liquidity... “High-level Recommendations for the Regulation, Supervision and Oversight of Global Stablecoin Arrangements: Final report”: https://www.fsb.org/2023/07/high-leve... Follow Monetary Matters on: Apple Podcast https://rb.gy/s5qfyh Spotify https://rb.gy/x56dx5 YouTube https://rb.gy/dpwxez Timestamps 00:00 Intro 00:38 VanEck $SMHX Pre-roll 1:15 The Rise of Shadow Banking (Now Known as NBFI, Non-Bank Financial Intermediation) 09:08 Opacity In NBFIs 16:29 NBFI Leverage Unwind In March 2020 22:16 VanEck $SMHX Mid-roll 23:30 Clearing 27:09 UK Gilt Crisis 2023 29:50 Insurance Companies and Private Credit 36:37 Alternative Asset Management Growth 44:10 The Call For Transparency 51:17 Who Are Regulators For Alternative Asset Managers? 56:41 Stablecoins 1:09:51 VanEck $SMHX End-roll