✉news BusinessBanking first seen 10 h ago, last 1 h ago, peak #4
Hedge funds warn BoE repo reforms could backfire
Hedge funds are warning the Bank of England that its proposed reforms to the repo market could have unintended consequences, arguing the changes may backfire and destabilise the very funding markets they aim to improve. The warning, picked up by Reuters, comes as regulators worldwide scrutinise repo trading after recent episodes of market stress. The Bank of England has not yet responded publicly to the funds' concerns.
Why now: Ongoing regulatory scrutiny of repo markets after recent bouts of funding market stress is making reform proposals contentious.
Evidence
- Hedge funds warn BoE repo reforms could backfire · Reuters
- Hedge funds warn BoE repo reforms could backfire · Durham Herald Sun
API: https://socialmediatrends-api.osmike.com/v1/trends/1321492