Ring fence: Difference between revisions
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==Other links== | ===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:Compliance_and_audit]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
Revision as of 09:16, 11 May 2015
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.
2.
The legal barrier created for this purpose.
Sometimes written "ringfence".
