Rho and Ring fence: Difference between pages
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imported>Doug Williamson (Link with Non ring fenced bank and Ring fenced bank pages.) |
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1. | 1. | ||
To legally separate particular assets or liabilities within a company or other organisation. | |||
For example, to shield particular assets from the claims of the creditors of the non-ring fenced part of the entity. | |||
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. | 2. | ||
The legal barrier created for this purpose. | |||
Sometimes written "ringfence". | |||
==See also== | |||
* [[Hypothecation]] | |||
* [[Non ring fenced bank]] | |||
* [[Ring fenced bank]] | |||
* [[US Glass-Steagall]] | |||
===Other links=== | |||
[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 07:11, 14 May 2017
1.
To legally separate particular assets or liabilities within a company or other organisation.
For example, to shield particular assets from the claims of the creditors of the non-ring fenced part of the entity.
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
