Ring-fencing and Proprietary Trading Independent Review
The question
To ask the Chancellor of the Exchequer, further to the Written Statement of 18 May 2026 titled HM Treasury Review of the Ring-Fencing Regime, if she will publish any correspondence or representations received from banks or banking representatives regarding the future of the ring-fencing regime.
Answered by Rachel Blake
The Government collaborated closely with the Bank of England in the development of the reforms and engaged with ring-fenced banks and other stakeholders during the Ring-Fencing Review. HM Treasury does not routinely publish correspondence it has with industry or other stakeholders.
HM Treasury and the Bank of England will consult publicly on the detailed proposals being taken forward following the Review and will publish summaries of responses in the normal way.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →