Britain's savings bank 'ring-fencing' rules make complexity, revaluation shows

LONDON, January 19 (Reuters) — Capital requirements for the retail weaponry of Britain’s banks bear in general not harmed competition, only do produce unnecessary complexness for customers, lenders and regulators, an freelance recapitulation aforementioned on Wednesday. «The ring-fencing regime has had no significant impact on competition in retail banking or its submarkets,» the critique accredited by the finance ministry aforementioned in an meanwhile command. The critique is on the job on recommendations to increment flexibility in the rules and melt off unnecessary complexity, it aforementioned. (Coverage by Huw Jones, Editing by Louise Heavens)

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