Central securities depository and Liikanen Report: Difference between pages

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(CSD).
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).


A facility for holding securities that allows securities transactions to be processed by book entry.
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 were deemed to compromise financial stability.


Physical securities may be immobilised by the depository or securities may be dematerialised (solely recorded as electronic records).


In addition to safekeeping, a central securities depository may produce comparison, clearing and settlement functions.
The proposals are also known as the 'Liikanen rule' or the Barnier-Liikanen rule.




== See also ==
* [[CRESTCo]]
* [[Euroclear]]
* [[International Central Securities Depository]]
* [[Securities settlement system]]


[[Category:Cash_management]]
==See also==
*[[Dodd-Frank]]
*[[European Union]]
* [[Financial CHOICE Act]]
*[[Ring fence]]
*[[Vickers Report]]
*[[Volcker Rule]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Ethics]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Revision as of 20:53, 14 February 2020

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 were deemed to compromise financial stability.


The proposals are also known as the 'Liikanen rule' or the Barnier-Liikanen rule.


See also