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Five things borrowers should know about bank ring-fencing

What borrowers should know about bank ring-fencing

In this guide, we highlight five areas that borrowers should know about in the face of this upcoming regulatory shift.


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Ring-fencing - roundabout

As has been widely reported, under the bank ring-fencing reform, from 1 January 2019, the largest UK banks (those with over £25 billion of UK deposits) must have separated their investment banking services from their core retail banking offering.

The impacted institutions are in the process of finalising their respective new structures, each comprising a ring-fenced bank (RFB) and a non ring-fenced bank (NRFB).

Outside of some strict requirements, these institutions must choose which customers and product offerings will sit inside or outside the ring-fence. This decision will impact borrowers now and in the future.

Download our Ring-Fencing April 2018 report here

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