This is the report (PDF 2MB) on the terms of the Ring-Fencing Transfer Scheme (the ‘Scheme’), that has been produced by the Skilled Person, who has been approved to carry out this role by the Prudential Regulation Authority (PRA) in consultation with the Financial Conduct Authority (FCA). A summary of the Scheme Report is included in the Statement (below).
This is the updated document (PDF 1MB) that sets out the terms of the transfers under the Scheme. We have made some minor amendments to the Scheme Document since the Directions Hearing that took place on 10 November 2017, which can be seen in this comparison. The Skilled Person has been made aware of these amendments and has concluded that no adverse effects are likely to arise from the changes. A summary of the original version of the Scheme Document is included within the Statement (below). This summary continues to accurately describe the terms of the updated Scheme Document.
This includes a summary (PDF 700KB) of the Scheme Report and the Scheme Document.
Copies of the Scheme Report and the Statement are also available free of charge by request in branch, via your regular Barclays’ contact point or by contacting either Barclays Bank PLC at 1 Churchill Place, London E14 5HP or Slaughter and May at 1 Bunhill Row, London, EC1Y 8YY.
Supplementary Scheme Report
This is the supplementary report (PDF 2MB), that has been produced by the Skilled Person, and provides an updated assessment of the terms of the Scheme.