Liikanen rule
From ACT Wiki
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.
