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SFA Research Corner: An Expanding Web: Private Credit, Non-Bank Financial Institutions (NBFIs), and the Banks Behind Them

article by Structured Finance Association

Private credit is no longer a niche—it’s a systemically important force reshaping how banks, funds, and insurers interact. As regulatory attention intensifies, understanding the implications is essential. Our latest article explores some recent developments from U.S. and global regulators. These issues, and others shaping the structured finance market, will be explored further at the Structured Finance Association’s 2025 Research Symposium in NYC on July 30.