A retail ring-fence for the UK

The UK's Independent Commission on Banking (ICB) disclosed in its interim report in April that it wants two principal changes to the structure and regulation of the country's banking system: a ‘ring-fence' between integrated financial groups and their UK retail operations, and minimum ratio of Tier I capital to risk-weighted assets of 10% for these domestic operations, against the Basel III number of 7%. Avoiding what it calls the radical alternative of recommending that banks be split up, the I

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: