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Insurers, funds, other nonbank funders of commercial property need watching, ESRB says

( November 26, 2018, 16:25 GMT | Official Statement) -- MLex Summary: Insurers, pensions, investment funds and other nonbanks might need regulatory curbs on investment in commercial real estate, or extra buffers at banks also exposed to the sector, to avoid fueling a bubble whose crash could hurt lenders and the economy, the European Systemic Risk Board said. Authorities need more information on the nonbank sources of funding to help monitor the hazards, the EU economic and financial watchdog said....

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