Ring-fencing will require large UK banks to separate their core retail banking services from their investment and international banking activities by 1 January 2019. This article examines the background to ring-fencing, the development of the policy and how it will be delivered

The Prudential Regulation Authority's (PRA's) secondary competition objective requires the PRA to act, where possible, in a way that facilitates effective competition when making policies to advance its primary objectives of safety and soundness, and policyholder protection. This article...

The Prudential Regulation Authority's (PRA's) secondary competition objective requires the PRA to act, where possible, in a way that facilitates effective competition when making policies to advance its primary objectives of safety and soundness, and policyholder protection. This article...

Prudential Regulation Authority’s Regulatory Policy Department. The financial crisis has necessitated a re-examination of the level, nature and distribution of risk across the financial system, including insurance companies. In April 2013, the Prudential Regulation Authority, as part of the...