EU Regulators to Look Deeper Into Banks, Non-Banks Links: FT

EU regulators will look further into links between banks and other financial firms, the Financial Times reports, citing Jose Manuel Campa, chair of the European Banking Authority.

• Says regulators “should be doing more” and are “going to be doing more” to predict how banks would be affected by strains in non-bank financial institutions
  • Institutions include hedge funds, private capital firms and cryptocurrency groups
• EBA will work with the European Systemic Risk Board and Financial Stability Board
• NOTE: In Dec., FSB Turns to Hedge Funds, Private Credit as Risk Scrutiny Widens

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