Financial Services Financial Services

UK bank ring-fencing regime should remain but with opt-out possibility, panel recommends

By Fiona Maxwell
  • 15 Mar 2022 17:58
  • 15 Mar 2022 17:58
UK bank-separation rules should not be eradicated but healthy banks should be able to opt out of the currently “overly rigid regime,” an independent panel has concluded.

The panel, led by a City of London veteran, proposed to lawmakers today that banks that have been deemed to be successfully resolvable

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Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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