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UK and Indian regulators seek better insights into private credit

Heads of FCA and Sebi speak at IMF meetings on boosting transparency and data sharing

FCA

Regulators from the UK and India have stressed the need for greater transparency around private credit to better manage risks in the sector at the International Monetary Fund Spring Meetings in Washington.

The chief executive of the UK’s Financial Conduct Authority, Nikhil Rathi, told a panel on April 13 that his agency was working with the Bank of England on a “system-wide exploratory” mechanism to provide greater transparency for retail investors looking to enter illiquid investment products. 

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