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United Kingdom · Question · Written question

UIN 201629

Banks: Regulation

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

13 October 2023

Last action

18 October 2023 · Answer

Status

Answered

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Discovery layer

Source updated

18 October 2023

Summary

To ask the Chancellor of the Exchequer, what recent assessment he has made of the potential impact of the £25 billion threshold for banks to separate out their retail deposit-taking operations into a ring-fenced entity on the competitiveness of the UK ret

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Timeline

  1. 13 October 2023

    Written question

    To ask the Chancellor of the Exchequer, what recent assessment he has made of the potential impact of the £25 billion threshold for banks to separate out their retail deposit-taking operations into a ring-fenced entity on the competitiveness of the UK ret

    Source: Commons

  2. 18 October 2023

    Answer

    On 28 September 2023, the government published draft secondary legislation for consultation on reforms to the ring-fencing regime. The reforms will make the regime smarter and simpler by taking forward recommendations made by the independent ring-fencing ...

    Source: Written answer

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