Private credit continues to assume mandates once dominated by banks, fueled by insurer capital and bank-provided facilities. Regulators in the United States and European Union are intensifying their scrutiny of funding sources, liquidity, disclosure, and risk transfer. These evolving dynamics are already impacting certainty of funds, pricing, and deal documentation. This article explains what has… The post Private Credit Is Booming—and Is Now Squarely in Regulators’ Sights appeared firs...