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A quiet but lucrative corner of the asset management industry will be thrust into the spotlight as policymakers finalise rules that will make securities lending more transparent.
The European Commission will soon release detail of the Securities Financing Transactions Regulation, which will force fund managers that loan out assets, such as stocks, bonds and cash, to disclose the deals in full.
This global market covers $2.3tn assets and produces $9.2bn revenue.
From New rules will shine a light on securities lending | Financial Times.
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