Podcast Location:
Download it here [file size: 22.3 MB]
Categories:
Banking and Financial Services
CPD Points:
Up to 1 point. details »

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Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
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Cost:
  • FREE
Length:
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
Yes Downloadable as MP3:    Yes
Contributor(s):
Course Aims:

This CPDcast offers a detailed and expert review of ring-fencing under the UK Banking Reform Act 2013 and what this means for the financial markets sector. It highlights the ring-fencing proposals for UK banks and their immediate impact on this sector, the EU proposals for ring-fencing and the likely timetable for implementation.

Outcomes:
After completing the course you will:
  • Understand the current status of the ring-fencing proposals for UK banks;
  • Know which banks and other financial institutions will be subject to the UK’s ring-fencing requirements;
  • Understand how the rules affect branches of non-UK banks that operate in the UK;
  • Have considered what activities a UK bank subject to the ring-fencing requirements will be able to carry out;
  • Understand the extent to which ring-fenced banks will be able to enter into derivatives or sell structured products to their clients;
  • Have considered how the segregation of the ring-fenced bank from the rest of the group will work in practice;
  • Know what transactions are permitted between the ring-fenced bank and the rest of the group.
Level:
Specialist Difficulty: 5 of 5
Sources and References:
Tags:

In this CPDcast Peter Green, capital markets partner from Morrison & Foerster discusses ring-fencing under the UK Banking Reform Act 2013 and the possible legislation which may be introduced in Europe.

Date Recorded: 12th June 2014

NEW! TRANSCRIPT INCLUDED IN ADDITIONAL INFORMATION

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