what ring-fencing means for Other interested parties

Where there are ring-fencing related changes for other parties, such as employees, regulators and suppliers, we will be in contact to provide further information. As with our approach for customers, the impacts will be limited.

Some of the ring-fencing changes are made by a formal Court process

The Court process is called the Ring-Fencing Transfer Scheme (RFTS). Anyone who thinks the way we are implementing ring-fencing may affect them negatively has the right to participate in the Court process. You’ll find full details about the RFTS and the Court process here.