Global shadow banking reached US$52 trillion at the end of 2017, a Fitch report says
Since 2010, the sector's assets have risen by 75%
In spite of the sector's growth, its share of bank assets and total financial assets has declined
Non-banks play a growing role in the financial system
The strong growth of collective investment vehicles highlights the importance of adopting recommendations for addressing structural vulnerabilities
Regulators must take action on shadow banks, which have grown significantly and pose a key risk to the financial system
Investment funds represent the majority of shadow banking assets, and have seen the fastest growth in recent years
Shadow banking practices were at the heart of the 2008 financial crisis. Will they trigger another meltdown?
The risk in Canada is small, but if any exists it stems from the mortgage-back securities market
The review will evaluate the progress made to implement the principles set out in its 2013 policy framework