The Bank of England believes its examination of private credit could help challenge some of the increasingly negative assumptions surrounding the asset class, even as regulators continue to assess the risks posed by its rapid expansion, according to a report by CityWire.
The central bank is conducting a system-wide exploratory scenario (SWES) to examine how private credit and other parts of the financial system would respond to an extreme market shock. Around 50 firms have been asked to particip...
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