Liikanen rule: Difference between revisions
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imported>Doug Williamson (Undo revision 18997 by Doug Williamson (talk)) |
imported>Doug Williamson (Expand the page for fuller version of name. Source: The Treasurer, July 2015, p11.) |
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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. | ||
Also known as the Barnier-Liikanen rule. | |||
Comparable with the Volcker Rule in the US Dodd-Frank Act. | Comparable with the Volcker Rule in the US Dodd-Frank Act. | ||
Revision as of 13:55, 17 July 2015
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.
Also known as the Barnier-Liikanen rule.
Comparable with the Volcker Rule in the US Dodd-Frank Act.
