Compliance with UK Ring-Fencing Rules

Ring-fencing rules were introduced to protect retail clients from  unrelated risks and shocks in banks affecting the wider financial  system. This legislation requires each large UK bank to separate its  retail banking activity from the rest of its business  by January 2019. As the go-live date approaches, banks are working  towards the transfer of large parts of their business to the new legal  entities and the possession of the necessary authorisations.

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