Everything on Transparency

Private credit lacks continuous market prices, so valuations depend on internal models and private ratings. This makes solvency assessment and stress testing more difficult.

Impact: Opaque marks can hide correlated risk and delay corrective action. Independent valuation improves market discipline.

— from Private Equity, Insurance, Korean Markets, and Red Bull · Mikroökonomen a.k.a. Mikrooekonomen· Aug 11, 2026