The Treasurer magazine and The Royal Bank of Scotland have combined for the third time to produce a series of articles, with the current series focusing on “Maximising Shareholder Value”.
Why a National Payments Plan? In payments, unlike many other sectors, there may need to be co-operation between participants if users are to have full benefit of new developments. The Plan will outline those areas where collaboration can deliver such an outcome. The Plan will be periodically revised and updated, and is intended to provide a framework for the development of payments in the UK over the next five to ten years.
Preserving the relationship While this summer’s credit wipe-out and the resulting panic that seized many quarters of the global financial markets appears to be subsiding, it would be a mistake to a
Chapter 2 of the discussion paper outlined the current arrangements for dealing with banks in distress and for depositor protection and made some observations surrounding the way they have performed recently under challenge. This chapter explores two key areas where the Government may wish to introduce reforms, in order to give depositors the
confidence that is a necessary underpinning of financial stability:
whether there are further reforms that are necessary to enable the FSCS to make a greater contribution to depositor confidence; and
Part 1 addresses a general audience with an overall interest in the sector.
Part 2 contains the actual best practice standards and addresses a professional audience. The standards are highlighted in bold within each section in blue-shaded boxes.
