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Home > News and Publications > Ring-fencing: what is it and how will it affect banks and their customers? - Quarterly Bulletin 2016 Q4
 

Ring-fencing: what is it and how will it affect banks and their customers? - Quarterly Bulletin 2016 Q4

16 December 2016

Article 1: Figure 3 reorganising banking activities into the ring-fenced structureFull article

By Katie Britton, Lindsey Dawkes, Simon Debbage and Talib Idris.

Ring-fencing will require large UK banks to separate their core retail banking services from their investment and international banking activities by 1 January 2019. This article examines the background to ring-fencing, the development of the policy and how it will be delivered.

 

On 19 December, the bullet point under ‘Independent governance’ on page 169 was amended to correct the description of the rules.

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