BoE reveals final element of ring-fencing framework

Systemic risk buffer aims to dampen banking sector stress

The Bank of England (BoE) unveiled the last element of its bank ring-fencing framework today (January 29), detailing plans for a systemic risk buffer.

Banks with more than £25 billion in assets are required to ring-fence their core services from 2019. Only assets within the ring fence will be subject to the systemic risk buffer. 

These core services include deposits and payment systems, which must be separately funded and governed to shield them from shocks affecting the wider banking group or f

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: