Financial institution for Worldwide Settlements, Basel
The expertise of the Hong Kong Financial Authority may assist information different supervisors in coping with “extremely leveraged” non-banks, a paper revealed by the Financial institution for Worldwide Settlements says.
Authors Kevin Cheng, Zijun Liu, Silvia Pezzini and Liang Yu be aware hedge funds and household places of work usually use plenty of leverage and might not be topic to prudential or disclosure guidelines. “They’re various in nature, partaking in advanced or opaque derivatives transactions, and their buying and selling methods can
