FSB报告：全球影子银行资产首破250万亿美元，监管真空引发系统性风险担忧

Group 1 - The global shadow banking system's assets have surpassed $250 trillion for the first time, raising concerns about systemic risks due to regulatory gaps [1] - As of the end of 2024, non-bank financial institutions' total assets reached a record $256.8 trillion, reflecting a year-on-year growth of 9.4% and accounting for 51% of total financial assets [1] - The fastest-growing segments within non-bank financial institutions include trust companies, hedge funds, money market funds, and other investment funds, all experiencing double-digit growth rates [1] Group 2 - The Financial Stability Board (FSB) expressed regret over the lack of relevant data regarding the growth of the private credit industry, which is under close scrutiny for potential signs of weakness [1] - FSB officials reported significant data gaps in private credit activities from eight major jurisdictions, with reported activities amounting to only $0.5 trillion, which is significantly lower than estimates derived from commercial data [2] - The FSB highlighted the absence of a global standard definition for private credit, complicating the identification of private credit entities in statistical and regulatory reports [2]