WSJ: Regulators Monitoring ABS Developments in Banks, Private Credit 

According to the Wall Street Journal, banks are looking to emerging forms of ABS to stay competitive, including the securitization of capital-call and net asset value (NAV) loans. Such changes come against the backdrop of private credit’s increased demand for these types of loans. The article notes that regulators–including the IMF and Federal Reserve–are paying increased attention to private credit, particularly its connect in to prudentially regulated financial institutions.

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