# kaal:claim:2998097-009

**Claim.** 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.

**Type.** empirical  **Support.** evidenced

**Holds when.**

- credit derivatives market since 2000

**Source quote.**

> 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

**From.** Wulf A. Kaal, *Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016* (2017), III.2 Indirect Regulation, page 14

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

**Verify.** sha256 of source PDF `0955054f49c7011d33c285579bb046e6b284e42755b10fd2546a728c202669d5` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202017%20-%20Private%20Investment%20Fund%20Regulation%20-%20Theory%20and%20Empirical%20Evidence%20from%201998%20to%202016.pdf

**Topics.** systemic-risk, economics

**Keywords.** credit-derivatives, indirect-regulation, bank-exposure, market-share

**Related claims.**

- extends: https://wulfkaal.github.io/claims/1806252-023
- supports: https://wulfkaal.github.io/claims/1806252-002

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.