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Financial Services (Banking Reform) Bill: Committee Stage Report

Published Tuesday, June 25, 2013

This Bill follows a series of Acts passed since the financial crisis of 2008. Whereas other Acts established a new regulatory framework, this Bill sets out a new ‘architecture’ of the institutions themselves.

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The key feature is the ring fencing of banks which separate retail deposit and lending functions from investment banking activities.

Commons Briefing papers RP13-40

Author: Tim Edmonds

Topics: Financial institutions, Financial services

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