Liikanen Report
From ACT Wiki
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 was deemed to compromise financial stability.
The proposals are also known as the 'Liikanen rule' or the Barnier-Liikanen rule.
