UK ringfencing clamps down on intragroup loans

• Autores: Tom Young
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 34, Nº. 44 (11/16/2015), 2015
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The article reports that under new finance rules in Great Britain, retail deposits will be separated from the bank's other activities. The UK regulators' latest ringfencing consultation has taken a hard line on intragroup arrangements between ringfenced and non-ringfenced banks. The rules allows banks to transfer capital from their retail arms to other parts of the business in the form of dividends