MIL OSI Translation. Region: Germany / Deutschland –
Source: Federal Financial Supervisory Authority The Financial Stability Board (FSB) has described the breadth and dynamism of the economic shock that in March 2020 led to liquidity stress for companies involved in the intermediation of financial activities outside the banking sector (Non-Bank Financial Intermediation – NBFI) as unprecedented.
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure not be perfect.