Ring fence: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Link with Non ring fenced bank and Ring fenced bank pages.)
(Remove out of date material.)
 
(3 intermediate revisions by one other user not shown)
Line 18: Line 18:


==See also==
==See also==
* [[Earmarking]]
*[[Glass-Steagall Act]]
* [[Hypothecation]]
* [[Hypothecation]]
* [[Non ring fenced bank]]
* [[Non ring fenced bank]]
* [[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:Compliance_and_audit]]
[[Category:Manage_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[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