There are demands that the regulations relating to the Core Investment Companies need revisiting. This is a work-in-process. Conclusion 33. To conclude, I can only quote what the FSB concluded in its 2015 Report.
“Intermediating credit through non-bank channels can have important advantages and contributes to the financing of the real economy, but such channels can also become a source of systemic risk, especially when they are structured to perform bank-like functions (e.g. maturity and liquidity transformation, and leverage) and when their interconnectedness with the regular banking system is strong.