Webinar: A smarter ring-fencing regime
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15 November 2023
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A key plank of the UK’s response to the global financial crisis, the UK bank ring-fencing regime came into force in 2019. Following a review of the regime in 2021 chaired by Keith Skeoch, HM Treasury announced as part of the ‘Edinburgh Reforms’ a commitment to reform the ring-fencing regime in response to the review’s findings and a call for evidence. This September, HMT published its consultation on near-term reforms and a summary of responses to the call for evidence.
This session considered the proposed near-term reforms, what they will mean for banking groups within scope of the ring-fencing regime, and discussed what might come next.