The Global Handbook on Shadow Banking ― Opportunity and Risk in Capital Markets Outside of the Regulatory Framework

Shadow Banking and the Financial Markets is an authoritative guide to this increasingly important segment of the financial system. Written by a recognized authority with over fifteen years' experience in the industry, this multidisciplinary guide walks you through the shadow banking system and discusses the opportunities and risks therein. Coverage includes regulators, finance, capital markets, ratings, rate setting, and more. The book also includes a highly detailed and comprehensive analysis of regulation and regulatory developments. Key technical research is presented from a practical perspective, and the latest developments are fully explored to equip you with all key information on moving investment outside of the official banking sector.

Banking has been regulated so intensively since the 2008 crisis that significant amounts of capital have moved out of the regulated sector. Shadow banking is a $60 trillion industry, and growing — but it is difficult to define. This book exposes this elusive, yet tremendously influential part of our capital markets.

• Get up to date on the most recent developments in the field
• Examine the key technical research in an approachable format
• Gain expert insight on the newest regulatory developments
• Learn the pros and cons of investing outside of the banking sector

Most of the shadow banking sector has ties with the licensed sector, and the shadow institutions and vehicles are often partly owned by licensed banks — which makes systemic risk an essential consideration.Shadow Banking and the Financial Markets is the definitive guide to navigating this growing sector, with clear explanations, expert advice, and complete regulatory guidance.