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UK reviews bank ring-fencing rules in aftermath of Brexit

Review to probe financial crisis era banking rules

An independent review set up to review financial crisis era rules for the banking sector has issued a call for evidence as the UK’s financial sector seeks to adapt to a post-Brexit world.

The review led by former Standard Life Aberdeen chief executive Keith Skeoch will examine rules requiring major banks to “ring-fence” their retail arms to protect consumers from potential losses from their investment banking businesses.

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