Policy paper

Banking reform: delivering sustainability and supporting a sustainable economy

Paper explaining the government’s proposals to reform the structure of banking in the UK.

• From: Department for Business, Innovation & Skills and HM Treasury
• Published: 14 June 2012

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Documents

Banking reform: delivering sustainability and supporting a sustainable economy

Ref: ISBN 9780101835626, BIS/12/904, Cm. 8356

PDF, 878 KB, 86 pages

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Details

This paper explains the government’s detailed proposals for implementing the Independent Commission on Banking (ICB) recommendations to reform the structure of banking in the UK. The government will introduce all necessary legislation as soon as Parliamentary time allows, and complete all legislation by the end of this Parliament in May 2015. Banks must comply with all of the measures proposed here by 2019, as the ICB recommended. See also the government response to the Independent Commission on Banking (ICB) report.

The government seeks views on the proposals in this White Paper, send responses to HM Treasury by 6 September 2012.

Published 14 June 2012