36th IBA International Financial Law Conference
15 May - 17 May 2019
Session information
Committee(s)
Banking & Financial Law Committee
(Lead)
Financial Services Section
(Lead)
Legal Practice Division
(Lead)
Securities Law Committee
(Lead)
Description
The US market has recently seen a huge increase in alternative loan origination resulting not only from the growth of online lending platforms and P2P lending models, but also from increased involvement by funds, insurers and other non-bank financial institutions in the credit markets. The growing involvement of non-bank lenders in the credit markets has sparked fears for the long-term viability of traditional banking and placed banks under pressure to evolve their business models, investing heavily in digital solutions to enhance customer experience and product positioning. Meanwhile, the exposure of non-bank financial institutions to credit intermediation risk has sparked growing concerns among global regulators regarding the potential systemic risks posed by the ‘shadow banking’ market. This panel will examine the different forms of alternative lending that are coming to the fore in both emerging and developed markets. It will also explore the regulatory response and consider whether global regulators’ concerns regarding shadow banking are justified.
Session / Workshop Chair(s)
| Liam Flynn | Mason Hayes & Curran, Dublin, Ireland; European Regional Forum Liaison Officer, Banking & Financial Law Committee |
| Giuseppe Schiavello | Schiavello & Co Studio Legale, Rome, Italy; Co-Chair, Banking & Financial Law Committee |
Speakers
| Tom Parachini | Funding Circle, London, England |
| Matteo Tarroni | Workinvoice srl, Milan, Italy |
| Rein Van Helden | Stibbe, London, England; Vice Chair, Banking Regulation Subcommittee |