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

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

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 individual account