Financial Stability Board Should Rethink Its Agenda on Non-Bank Financial Intermediation
Reynolds Holding
MARCH 16, 2023
Treasury markets, for example, the supplementary leverage ratio (SLR) is a real problem. [4] 4] It has become a binding regulatory constraint on the allocation of capital by most of the banks that, in their dealer capacity, are major providers of liquidity to the Treasury and Treasury repurchase agreement (repo) markets.
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