Ring fence: Difference between revisions

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For example, to shield particular assets from the claims of the creditors of the non-ring fenced part of the entity.
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.




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==Other links==
==See also==
[http://www.treasurers.org/node/9021 Electric shock, The Treasurer, May 2013]
* [[Earmarking]]
*[[Glass-Steagall Act]]
* [[Hypothecation]]
* [[Non ring fenced bank]]
* [[Ring fenced bank]]
 
[[Category:Compliance_and_audit]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]

Latest revision as of 13:52, 20 January 2024

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