AIMA’s ACC backs Bank of England’s new private markets stress test

Today, the Bank of England (BoE) will publish its latest Financial Stability report, which will confirm that it will be running a private markets system-wide exploratory stress test (Private Market SWES) in 2026.

In response to this news, AIMA's private credit affiliate, the Alternative Credit Council, has provided the following statement, which is under embargo until the report is published at 7am GMT.

Jiří Król, Deputy CEO of AIMA and Global Head of the Alternative Credit Council, said: "The Alternative Credit Council welcomes the Bank of England’s announcement of the Private Markets System-Wide Exploratory Scenario (SWES) exercise. With public interest in private markets growing, this exercise offers a timely and constructive way to build a clearer evidence base around how the sector, and other...