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FCA chair urges greater effort to gather quality data for NBFI regulation

Ashley Alder
Ashley Alder. Photo: FCA

Ashley Alder made the call in a speech to the MFA Global Summit in Paris.

“Right now we just don’t have enough data to measure key risks in private NBFI markets,” FCA chair Ashley Alder told the MFA Global Summit in Paris this week.

His speech on the challenges facing regulators in the area of Non-Bank Financial Intermediation (NBFI) – which represents about 50%

Alder said

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