Home > Glossary

Ring Fence Fencing

Ring Fence/Fencing


Ring Fence/Fencing — where a firm's assets or other funds are set aside for a given purpose and cannot be spent elsewhere. This is often done for regulatory, tax, or financing reasons. Also used to refer to a protection-based transfer of assets, often via offshore accounting, to lower tax burdens. When selecting a destination, careful scrutiny of the destination's legal and regulatory environment is needed.

Related Products