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UK Lords report raises concerns about credit and regulatory arbitrage

House of Lords
Photo: Tim Graham/Getty Images

The Financial Services Regulation Committee says financial stability is at risk as a result of the significant growth in private markets.

The House of Lords Financial Services Regulation Committee has laid out concerns about the rapid growth in private markets, with the UK accounting for $185 billion and the US for roughly three-quarters of the $16 trillion under management globally.

This is up from $4 trillion in 2008 and includes private equity, private

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