Interconnectivities and regulatory impact [60]

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Bullet points include: None of the above arguably directly target shadow banks Even though many commentators, e.g. Impavido et al (2011) and Haldane (2014) have noted the potential for risks to migrate from highly regulated sectors such as banking and insurance to less highly regulated sectors High on the systemic risk radar of the FSB Given perceived contribution of the sector to the financial crisis

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