Final Report: Recommendations¶
Independent Commission on Banking. (2011). Final Report: Recommendations: Recommendations.
Cited by¶
2 citations across 2 artifacts.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Bulkhead Pattern
- Corporate and financial structure — ring-fenced legal entities, special-purpose vehicles, and retail-versus-investment-bank separation, so one subsidiary's failure cannot drag down its siblings.
This sourceRecommends ring-fencing UK retail banking into a separate legal entity to insulate it from riskier investment-banking activities, so trading losses in one entity cannot drain the deposits the ring-fenced bank depends on — financial bulkheading; flags intra-group guarantees/liquidity lines as the coupling to watch.
- Corporate and financial structure — ring-fenced legal entities, special-purpose vehicles, and retail-versus-investment-bank separation, so one subsidiary's failure cannot drag down its siblings.
Mechanisms¶
- Financial Ring Fence
- Under this reform — the model set out by the UK's Independent Commission on Banking — the deposit-taking retail bank is placed in a legally separate subsidiary with its own capital, its own board, and restrictions on its exposure to the rest of the group.
This sourceRecommends a legally separate retail ring-fenced bank with standalone capital and exposure requirements, operational independence, and an independent board.
- Under this reform — the model set out by the UK's Independent Commission on Banking — the deposit-taking retail bank is placed in a legally separate subsidiary with its own capital, its own board, and restrictions on its exposure to the rest of the group.
Verification¶
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Links previously used in the corpus¶
Before the registry existed this work was also linked 1 other way.
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