kaal:claim:2998097-009

Data on the credit derivatives market show that since 2000 private investment funds steadily increased their share of that market while banks' role declined, which supports shifting regulatory emphasis onto banks' lending exposure to those funds.

The data suggest that since 2000 private investment funds have steadily increased their share in the credit derivatives market while banks' role in the market for credit derivatives has declined.49 The increasing role of private

Wulf A. Kaal, Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016 (2017), III.2 Indirect Regulation, p. 14
https://ssrn.com/abstract=2998097 · source PDF

Wulf A. Kaal, Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016 (2017). SSRN: https://ssrn.com/abstract=2998097

• credit derivatives market since 2000

empiricalsupport: evidencedsystemic-riskeconomics

• extends kaal:claim:1806252-023 British Bankers' Association data show that since 2000 hedge funds steadily increased their share of the credi...
• supports kaal:claim:1806252-002 Because hedge funds play a large role in the credit derivatives market and that market recently failed, an inc...

The quote above is an exact substring of the source PDF, whose sha256 is 0955054f49c7011d33c285579bb046e6b284e42755b10fd2546a728c202669d5. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/10359828d00eaade...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2998097-009.md | sha256sum

• Extension: From Banks to Private Credit: Risk Migration Beyond the Regulatory Perimeter, Funding Networks and Systemic Risk