A 'shadow market' that has grown to nearly $2 trillion since the 2008 crisis is now causing significant concern among global regulatory authorities, including the Financial Stability Board (FSB).

A new report from the Financial Stability Board (FSB) has raised concerns about the private credit sector, highlighting issues such as opacity, high debt levels, and increasing default rates.

The Financial Stability Board (FSB), a global watchdog, has unveiled an action plan to address vulnerabilities in the private credit sector. The board has raised alarms regarding the potential risks associated with this growing market.