Barclays (BARC LN) faces scrutiny by UK Regulators over SRT deals, Bloomberg reports
Barclays is under scrutiny from UK regulators regarding its significant risk transfer (SRT) deals, which could imply potential regulatory adjustments or increased compliance costs.
Microsoft (MSFT) and North America’s Building Trades Unions are expanding efforts to train workers for the AI economy, Axios reports
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Barclays (BARC LN) faces scrutiny by UK Regulators over SRT deals, Bloomberg reports
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- UK regulators have told Barclays to assess its processes for significant risk transfers, deals that let banks offload loan risk and support growth, Bloomberg reports
- Barclays is one of the largest SRT issuers
- The bank is reportedly commissioning a section 166 review, which typically involves appointing a consultancy to examine a firm’s activities, soources said
The commission of a section 166 review suggests a deeper investigation into its risk management processes, potentially impacting investor sentiment and operational strategies, especially as Barclays is a major player in this market.
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