Bank of England plans to maintain the current ring-fencing rules, according to sources
Bank of England’s Stance on Ring-Fencing Reforms LONDON, Nov 18 – The Bank of England is looking to soften certain aspects of the UK’s banking ring-fence regulations, although it’s pushing back against major reforms proposed by banks, sources indicate. This cautious approach aims to maintain essential safeguards during an ongoing government review. The ring-fencing rules […]