Risk participation agreements are often used in international trade, but these agreements are risky since the participant does not have a contractual relationship with the borrower. On the other hand, these transactions can help banks generate revenue streams and diversify their revenue streams. In addition, the association said the agreements serve as banking products to better manage risk. Discouraging them from being regulated as swaps was also in line with the flexibility left to banks to make swaps with regard to loans. Some members of the financial industry have attempted to clarify some of the regulatory oversight that could apply to risk-taking agreements with respect to swaps. . . .