Fund finance in the regulatory spotlight

Regulators in the US and Europe have different priorities when it comes to NAV loans and subscription lines.

On both sides of the Atlantic, fund finance is coming under regulatory scrutiny.

In the US, one of the top examiners from the Securities and Exchange Commission told affiliate title Private Funds CFO in May that both NAV loans and subscription lines would be facing additional attention, given concerns over potential conflicts of interest the instruments might introduce.

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