The FT View from Financial Times- 13 April 2023 https://www.ft.com/content/cf05babb-b184-4dfd-b5fd-81705b66edbd
As interest rate of banks increased due to the financial crisis, shadow banks are getting popular. The government and the bank need to impose regulations on those financial sectors to prevent the public to crowd on the shadow bank. Thankfully, many of banks have announced to implement those regulation on shadow banks.