Syndicated lending: in the European Commission’s sights?
1 min read
The European Commission has indicated in its 2017 Management Plan that it is contemplating engaging in a study on potential competition issues in syndicated lending. The Plan refers to potential concerns about excessively close cooperation and information sharing between banks when they come together to offer syndicated loans. Given competition authorities’ continuing interest in financial services, those involved in syndicated lending should be prepared for the possibility that this could be a fresh area of scrutiny and potentially the subject of a new sector inquiry by the Commission.
