Liikanen rule: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create the page. Source: http://ec.europa.eu/internal_market/bank/structural-reform/index_en.htm) |
imported>Doug Williamson m (Comma added to break up sentence) |
||
Line 1: | Line 1: | ||
A European Commission proposal for a regulation to stop the biggest banks from engaging in proprietary trading. | A European Commission proposal for a regulation to stop the biggest banks from engaging in proprietary trading. | ||
The new rules 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 activities was deemed to compromise financial stability. | The new rules 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 activities was deemed to compromise financial stability. | ||
Revision as of 08:43, 7 April 2014
A European Commission proposal for a regulation to stop the biggest banks from engaging in proprietary trading.
The new rules 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 activities was deemed to compromise financial stability.