Barclays Faces Scrutiny From UK Regulators Over Its SRT Deals

UK regulators have told Barclays Plc to assess its processes for significant risk transfers, transactions that allow banks to offload loan risk and bolster their capacity to grow.

Barclays — one of the largest issuers of SRTs — is commissioning a section 166 review, which typically involves appointing a consultancy to look at a firm’s activities, according to people with knowledge of the matter.