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Shadow banking


Shadow banking

Shadow banking has become a well-known term that refers to the system of credit intermediation involving entities and activities outside the regular banking system. Taking lessons learned from the 2008 financial crisis, international regulators and policymakers have since concerned themselves with potential sources of risk in the global financial system beyond the banking sector. Over the past few years, regulators have focused on the size and systemic risk posed by non-bank players and shadow banking's links with the rest of the financial sector.

How does it affect private equity?

At both EU and international level, work continues to assess the role non-bank sources of funding can – and should – play, as well as which rules, including those of a macroprudential nature, should apply to those active in the field. From the perspective of the private equity industry, the regulators’ efforts to assess the risks posed by non-bank leverage have been most relevant, in particular through the International Organization of Securities Commissions' (IOSCO) work on developing a consistent global assessment of leverage. These developments are expected to affect the review of AIFMD. 

Shadow banking library

Positions & consultation responses

Letter to EBA on its Consultation on shadow banking entities

18 Oct 2021
Download PDF 168.16 KB
Positions & consultation responses

Response to IOSCO Report on Leverage

01 Feb 2019
Download PDF 497.31 KB
Positions & consultation responses

Response to Capital Markets Union Mid-Term Consultation

17 Mar 2017
Download PDF 446.9 KB
Positions & consultation responses

Response to ECB Guidance on leveraged transactions

27 Jan 2017
Download PDF 560.55 KB
Positions & consultation responses

Joint response to FSB Consultation on structural vulnerabilities of asset management activities

21 Sep 2016
Download PDF 208.28 KB
Positions & consultation responses

Response to European Commission Call for Evidence on EU Regulatory Framework for Financial Services

31 Jan 2016
Download PDF 474.66 KB
Positions & consultation responses

EVCA-PAE Response to EBA Guidelines on Shadow Banking

19 Jun 2015
Download PDF 473.84 KB
Positions & consultation responses

EVCA-PEGCC Response to FSB/IOSCO Second Consultative Document on G-SIFIs

04 Jun 2015
Download PDF 222.23 KB
Positions & consultation responses

EVCA-PAE Response to Green Paper on Capital Markets Union

13 May 2015
Download PDF 1.11 MB
Positions & consultation responses

EC Green Paper on Capital Markets Union

18 Feb 2015
Download PDF 235.29 KB
Meet the team

Public Affairs

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Martin Bresson

Public Affairs

Public Affairs Director

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Erika Blanckaert

Public Affairs

Senior Public Affairs Manager

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Xandra Hjort

Public Affairs

Public Affairs Officer

Christophe Verboomen Image

Christophe Verboomen

Public Affairs

Public Affairs Manager


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