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Rachel Reeves to unveil next steps for ring-fencing reform at Mansion House
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NEWSDECK ANALYSIS
Ring-fencing reforms refer to changes aimed at separating high-street banking activities from riskier investment banking operations, a policy initially introduced in the UK after the 2008 financial crisis. The reforms are intended to protect consumers and prevent a repeat of the crisis, and the consultation to be launched by Rachel Reeves is a key step in implementing the latest changes. The Chancellor's announcement at Mansion House will provide further details on the proposed reforms and seek input from the financial industry.
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Rachel Reeves to unveil next steps for ring-fencing reform at Mansion House
Rachel Reeves will outline the next steps of her ring-fencing reforms at Mansion House on Tuesday, City AM can reveal, in what is expected to be one of her last acts in the Treasury. The Chancellor will launch a consultation to seek industry input on the implementation of a package of reforms announced in May, including the [...]
13 Jul, 11:10
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