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022 Article A015 en by Huỳnh Công Toán is a document available to read on EtoBox.

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Shadow banking refers to financial institutions that perform banking-like functions without being regulated as traditional banks, primarily engaging in credit intermediation. The lack of oversight and transparency in shadow banking can lead to systemic risks, as seen during the global financial crisis when investors withdrew funds, forcing fire sales of assets. Authorities are now working to collect better data and regulate these entities to mitigate potential risks to the financial system.

Author

Huỳnh Công Toán

Language

EN