Term Sheet: Central banks diverge on rates, Bank of England extends its gaze to shadow banks, FAP makes its debt fund ‘dark green’

Central banks diverge paths for the first time in months as inflation and high rates persist; the Bank of England’s system-wide stress test brings scrutiny to alternative lenders; Germany’s FAP makes a sustainable statement by converting its debt fund to Article 9; and more in today's briefing, exclusively for our valued subscribers.