UK ring-fencing legislation took effect on 1 January 2019.
During 2018 RBS Group reorganised its group legal entity structure and business model to operate 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 operates outside the ring-fence.
Any transactions that you have with NatWest Markets Plc are therefore with a non ring-fenced bank and you can find out more in our ring-fencing customer guide or on the RBS Group ring-fencing pages. If you have questions or need more information on the changes that we made to meet ring-fencing legislation, you can email us at email@example.com.