ECOS and Liikanen rule: Difference between pages

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Employee Car Ownership Scheme.
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.
A method of providing vehicles for employees under which:
#Legal title to the vehicle passes to the employee driver at the start.
#The driver makes a series of repayments, usually monthly, to cover finance and maintenance.
#The employer makes a series of cash payments to the driver, to cover the driver's repayments to the fleet finance provider.






== See also ==
== See also ==
*[[Contract hire]]
* [[Volcker Rule]]
* [[Vehicle]]
* [[European Commission]]


[[Category:Corporate_finance]]
[[Category:Regulation_and_Law]]
[[Category:Managing_Risk]]

Revision as of 08:43, 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.


See also

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