News

Non-Bank Lending In the European Union

(AIMA) – The successful growth of non-bank lending in the EU means policymakers are now re-evaluating their approach to this market and considering whether the current regulatory framework remains appropriate.

The Alternative Credit Council (ACC) has published a white paper in partnership with Allen & Overy to provide insights from industry and an overview of the European regulatory landscape to support them in this exercise.

This white paper seeks to be an honest and transparent engagement on behalf of non-bank lenders about the future of non-bank lending in Europe, which builds on the successful dialogue between our industry and policymakers.

We believe that the focus of this dialogue should now be on the following key themes:

  • Removing barriers to finance flowing from the capital markets to European businesses.
  • Facilitating knowledge sharing between stakeholders on non-bank lending activities in Europe.
  • Ensuring that non-bank lending benefits borrowers and enhances the financing of innovation throughout Europe.

Policymakers, supervisors and industry acting together will be the most effective way of catalysing the growth of non-bank lending and improving access to finance across the continent. It is our intention that this paper will mark the first stage of greater collaboration.

We believe that policymakers’ approach towards the non-bank lending sector should be based on the following premises:

  • Lending from the capital markets supports financial stability.
  • This lending is not banking.
  • The role played by existing regulation should be recognized.
  • Existing barriers to non-bank lending in individual EU Member States should be addressed.

The paper can be accessed on AIMA´s website, here: Non-Bank Lending In the European Union

 

close

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Most Popular Today

Most Popular This Week

- Advertisement - spot_img

Latest Articles

Adaptive Goes Bankrupt

Stockholm (HedgeNordic) – Linköping-based fund manager Adaptive Fonder AB has gone into bankruptcy due to insolvency, according to COO Gustaf Lange and Allabolag.se. Adaptive...

Month in Review – July 2022

Stockholm (HedgeNordic) – After suffering their worst half-year performance since the second half of 2008, Nordic hedge funds advanced 2.0 percent on average in...

Alecta’s Head of Real Assets Leaves for Heimstaden

Stockholm (HedgeNordic) – Frans Heijbel is leaving his role as Alecta’s Head of International Real Assets to join residential real estate investor and manager...

Real Assets PM Strömsten Friberg Joins Niam

Stockholm (HedgeNordic) – Infrastructure manager Niam Infrastructure has hired Johanna Strömsten Friberg as Associate Director from Swedish pension fund Alecta, where she worked as...

AP1 Duo Heading to New Fund Selection Agency

Stockholm (HedgeNordic) – In a series of new appointments, the new Swedish Fund Selection Agency – Fondtorgsnämnden – has hired Majdi Chammas and Tina...

A Dozen Nordic Nominees at HFM Awards

Stockholm (HedgeNordic) – About a dozen Nordic hedge funds have been shortlisted for the HFM European Performance Awards 2022, which recognize and reward the...