Press Release: Government sets out plans to reform the structure of banking in the UK

Author (Corporate)
Series Title
Series Details No.145/11 (19.12.11)
Publication Date 19/11/2011
Content Type

The UK Government, on 19 December 2011, published its response to the report by the Independent Commission on Banking (ICB), which sets out plans to fundamentally reform the structure of banking in the UK.

The Independent Commission on Banking was established in the United Kingdom in June 2010 to consider structural and related non-structural reforms to the UK banking sector to promote financial stability and competition. It was established in the wake of the global financial crisis which began in 2007. It was chaired by John Vickers.

Source Link http://www.hm-treasury.gov.uk/press_145_11.htm
Related Links
United Kingdom: HM Treasury/Department for Business Innovation and Skills: The Government response to the Independent Commission on Banking, December 2011 (Cm 8252) http://cdn.hm-treasury.gov.uk/govt_response_to_icb_191211.pdf
United Kingdom: HM Treasury: Statement, 19.12.11: Banking Reform Statement by the Chancellor of the Exchequer, Rt Hon George Osborne http://www.hm-treasury.gov.uk/statement_chx_191211.htm
United Kingdom: Independent Commission on Banking: Final report: Recommendations, September 2011 http://bankingcommission.s3.amazonaws.com/wp-content/uploads/2010/07/ICB-Final-Report.pdf
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