ringfencing

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PRA reports on Structural reform and operational continuity

On 7 July 2016 the Prudential Regulation Authority (PRA) issued the following publications on structural reform and operational continuity: 1) The implementation of ring-fencing: prudential requirements, intragroup arrangements and use of financial market infrastructures – PS20/16. This policy statement (PS) provides feedback on responses received to Consultation Paper (CP) 37/15 ‘The implementation of ring-fencing: prudential …

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FCA issues Guidance on the implementation of ring-fencing and ring-fencing transfer schemes

The Financial Conduct Authority (FCA) has today published guidance on the FCA’s approach to the implementation of ring-fencing and ring-fencing transfer schemes. The FCA’s Finalised Guidance is relevant to firms and their groups that are subject to ring-fencing, as well as to skilled persons that are commissioned to author a scheme report for the purposes …

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BaFIN issues monthly guidance – hot topics: cryptocurrencies, building societies and ring fencing

BaFIN, the German financial regulatory authority, has today published its latest issue of the BaFIN Journal, its monthly  bulletin that contains technical articles, interviews and reports on important national and international regulatory issues as well as the official announcements of insurance supervision. The February 2016 issue focuses amongst other topics on guidance on the technology behind cryptocurrencies based blockchain, the German Ring fencing Act, and the updates …

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