kaal:claim:3002908-022

Post crisis regulation that restrained bank lending, particularly to SMEs, opened a new market that private investment funds moved into, accelerating their involvement in banking functions.

Source quote, verbatim

After the crisis, newly issued regulation restrained banks from lending, in particular to SMEs. This opened up a new market for private investment funds that stepped into the void left by the new regulatory regime.

From

Wulf A. Kaal, Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and (2017), IV. Private Investment Funds Use of Blockchain Technology, p. 21
https://ssrn.com/abstract=3002908 · source PDF

Cite as

Wulf A. Kaal, Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and (2017). SSRN: https://ssrn.com/abstract=3002908

Holds when

after the financial crisis of 2008

Classification

mechanismsupport: argueddecentralizationsystemic-riskdefi

Verify

The quote above is an exact substring of the source PDF, whose sha256 is 06a7b61e75f905ee07e422e875d83a65c5033a248a6e05a213523b034e5db534. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/18deb51ae7e335a5...json
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