However, the crisis has also highlighted the need to improve transparency and monitoring not only in the traditional banking sector but also in areas where bank-like credit intermediation known as ‘shadow banking’, takes place, the scale of which is alarming, having already been estimated to amount to close to half of the regulated banking system.
Mar sin féin, léiríodh leis an ngéarchéim freisin gur gá feabhas a chur ar thrédhearcacht agus ar fhaireachán, ní hamháin san earnáil bhaincéireachta thraidisiúnta ach i réimsí eile freisin ina mbíonn idirghabháil chreidmheasa a bhfuil cosúlacht na baincéireachta uirthi, ar a dtugtar “scáthbhaincéireacht” ar siúl, atá ar scála scáfar, agus a measadh cheana a bheith beagnach ar chomhluach le leath an chórais bhaincéireachta rialáilte.