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Tags: banking
Categories: Economics & Finance
The shadow banking system is a term for the collection of non-bank financial intermediaries that provide services similar to traditional commercial banks but outside normal financial regulations.
Examples of important components of the shadow banking system include securitization vehicles, asset-backed commercial paper [ABCP] conduits, money market funds, markets for repurchase agreements, investment banks, and mortgage companies» as well as structured investment vehicles (SIVs).
(source: https://en.wikipedia.org/wiki/Shadow_banking_system)
