HM Treasury - Banking reform white paper
6th September 2012
HM Treasury and the Department for Business, Innovation and Skills
On 14 June 2012 the Government published its White Paper ‘Banking reform: delivering stability and supporting a sustainable economy’, which sets out the Government’s detailed proposals for implementing the recommendations of the Independent Commission on Banking (ICB), to fundamentally reform the structure of banking in the UK.
The Government will introduce all necessary legislation as soon as Parliamentary time allows, and remains committed to completing all primary and secondary 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. The Government has undertaken an impact assessment of the Government’s proposals for implementing the ICB recommendations, which can be found in the annex to the White Paper.
The Government seeks views on the proposals in this White Paper and responses are requested by 6 September 2012.
HOW TO RESPOND
This consultation is now closed. CFG submitted a joint response with NCVO, ACEVO and CAF.
Our response can be found here.
For more information or to discuss the response please contact Mel Jezierska.
For further information, please see the HM Treasury website.