Compliance Code Cracker – Greensill And The Covid Corporate Finance Facility | Thomson Reuters Regulatory Intelligence And Compliance Learning

by jdsupra.com posted 1month ago 6 views
The Greensill case illustrates the impact of the COVID-related crisis on the shadow banking sector to which riskier credit business had migrated — financed by securitisation rather than deposit taking — following the heavier capital requirements imposed on regulated banks after the 2008 financial crisis. It also shows that Lex Greensill's engagement in crisis-driven government funding programmes goes back to the days of the crisis and his time with Citibank....By: Thomson Reuters Regulatory Intelligence and.

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