Liikanen rule: Difference between revisions
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imported>Doug Williamson m (Comma added to break up sentence) |
imported>Doug Williamson m (Add reference to Volcker Rule to main text.) |
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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. | ||
Comparable with the Volcker Rule in the US Dodd-Frank Act. | |||
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* [[European Commission]] | * [[European Commission]] | ||
[[Category: | [[Category:Compliance_and_audit]] | ||
[[Category: | [[Category:Risk_frameworks]] | ||
Revision as of 14:18, 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.
Comparable with the Volcker Rule in the US Dodd-Frank Act.
