What is the pras new regulation ring-fencing, Microeconomics

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What is the pras new regulation ring-fencing

Problem

What is the PRA's new regulation "Ring-fencing"? What is the background? Why does central bank implement such regulation? What are the limitations of this regulation?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is the pras new regulation ring-fencing

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Microeconomics: What is the pras new regulation ring-fencing

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