Ring fence and Ring fenced bank: Difference between pages

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1.
''Bank supervision''


To legally separate particular assets or liabilities within a company or other organisation.
(RFB).


For example, to shield particular assets from the claims of the creditors of the non-ring fenced part of the entity.
Following 'ring fencing' formerly universal banks will be separated into a 'ring fenced bank' (for the protection of retail customers) and a non ring fenced bank.  


 
The ring fenced bank will be lower-risk, and within the protective ring fence.  
In the banking context, a 'ring fence' is the separation of some aspects of commercial banking (mostly retail) into a separate entity to reduce the probability of failure.
 
 
2.
 
The legal barrier created for this purpose.
 
 
Sometimes written "ringfence".




==See also==
==See also==
* [[Earmarking]]
*[[Glass-Steagall Act]]
* [[Hypothecation]]
* [[Non ring fenced bank]]
* [[Non ring fenced bank]]
* [[Ring fenced bank]]
* [[Ring fence]]
* [[US Glass-Steagall]]




==Other link==
===Other links===
[http://www.treasurers.org/node/9021 Electric shock, The Treasurer, May 2013]
[http://www.treasurers.org/node/9021 Electric shock, The Treasurer, May 2013]
[[Category:Compliance_and_audit]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]

Revision as of 07:29, 14 May 2017

Bank supervision

(RFB).

Following 'ring fencing' formerly universal banks will be separated into a 'ring fenced bank' (for the protection of retail customers) and a non ring fenced bank.

The ring fenced bank will be lower-risk, and within the protective ring fence.


See also


Other links

Electric shock, The Treasurer, May 2013