banking

The need for an independent banking system

Author or Creator

Scottish Independence Commission

With independence Scotland will need to set up a banking system. is an opportunity to redesign the banking system to protect Scottish citizens from the economic fallout of a banking crisis. It is both possible and desirable for Scotland to have an independent banking system to invest in its productive capacity, and to provide financial services to local communities.

Let’s get Scotland’s banking right

Primary Author or Creator

Common Weal

Alternative Published Date

2021

Fast Facts

Policies to get banking oriented to customer benefit rather than profit. Pointers on how to establish and run a Scottish Central Bank.

SETTING UP A SCOTTISH BANKING SYSTEM

Primary Author or Creator

Peter Ryan

Alternative Published Date

2020

Fast Facts

A Scottish central bank will need to be set up to oversee the creation of a new Scottish currency. It will be the competent authority providing regulatory oversight of the banking system.

Banking for the Common Good: Laying the foundations of safe, sustainable, stakeholder banking in Scotland

Primary Author or Creator

Gemma Bone

Date Published

Thu, 03/10/2016 - 12:00

Fast Facts

The report makes the case for:

Not-for-profit “People’s Banks” should be established in Scotland’s regions to offer banking services to local people and business.