Liikanen Report: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Make 'trading' activities explicit.) |
imported>Doug Williamson (Add link.) |
||
| (4 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
A European Union proposal for a regulation to stop the largest banks from engaging in proprietary trading (comparable with the Volcker Rule in the US Dodd-Frank Act). | A European Union proposal for a regulation to stop the largest banks from engaging in proprietary trading (comparable with the Volcker Rule in the US Dodd-Frank Act). | ||
The proposals for the EU would also give supervisors the power to require those banks to separate certain potentially risky trading activities from their deposit-taking business, if the pursuit of such trading activities | The proposals for the EU would also give supervisors the power to require those banks to separate certain potentially risky trading activities from their deposit-taking business, if the pursuit of such trading activities were deemed to compromise financial stability. | ||
| Line 9: | Line 9: | ||
==See also== | ==See also== | ||
* [[Compromise]] | |||
*[[Dodd-Frank]] | *[[Dodd-Frank]] | ||
*[[European Union]] | *[[European Union]] | ||
* [[Financial CHOICE Act]] | |||
*[[Ring fence]] | |||
*[[Vickers Report]] | |||
*[[Volcker Rule]] | *[[Volcker Rule]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Compliance_and_audit]] | |||
[[Category:Ethics]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:Risk_reporting]] | |||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 19:15, 17 November 2022
A European Union proposal for a regulation to stop the largest banks from engaging in proprietary trading (comparable with the Volcker Rule in the US Dodd-Frank Act).
The proposals for the EU would also give supervisors the power to require those banks to separate certain potentially risky trading activities from their deposit-taking business, if the pursuit of such trading activities were deemed to compromise financial stability.
The proposals are also known as the 'Liikanen rule' or the Barnier-Liikanen rule.
