Important ring-fencing information

Important ring-fencing information

During 2018 RBS Group reorganised its group legal entity structure and business model to meet the UK Government’s ring-fencing legislation. RBS Group now operates with a ring-fenced bank sub-group structure and multiple entities outside the ring-fence.

In December 2016 we changed our brand from RBS Corporate & Institutional Banking (CIB) to NatWest Markets and on 30 April 2018, we renamed RBS plc to NatWest Markets Plc. NatWest Markets offers RBS Group’s financing, risk management and trading solutions, and the majority of the existing NatWest Markets business will be outside the ring-fence.

What this means for you

We’ve now made all of the changes we need to make to comply with the legislation. Any transactions that you have with NatWest Markets Plc as at 1 January 2019 will be with the non ring-fenced bank.

Any questions?

If you would like to talk to us about this or anything else, please contact your usual point of contact at the bank; alternatively you can email us at

More information about ring-fencing

Set Tab for lightbox