Banks need to start thinking about finalising their plans for implementing a retail bank ring-fence says Hudson & Yorke.
The challenge for CIOs and senior ICT managers as well as senior strategy executives within universal banking organisations is to understand what activities they need to set in motion now in order to be compliant from 2015.
Given that a ring-fence will result in a major change programme, it could be argued that the window of opportunity to get the plans right are getting ever slimmer... making 2012 an important year for the British banking sector.
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