FICC and Liikanen rule: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
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1.
A European Commission proposal for a regulation to stop the biggest banks from engaging in proprietary trading.  


Fixed Income, Currencies, and Commodities.
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 grouping of activities organisationally in some banks - the FI part referring to bonds etc.


Not necessarily a rational organisational grouping.


== See also ==
* [[Volcker Rule]]
* [[European Commission]]


Following interest rate and currency market scandals in the years following 2010, FICC has increasingly become used as a market sector classification by regulators.
[[Category:Regulation_and_Law]]
 
[[Category:Managing_Risk]]
Previously broadly recognisable in, for example, UK usage as encompassing the [[non-investment product]] and commodities sectors.
 
 
2. ''US''
 
Fixed Income Clearing Corporation.
 
 
==See also==
*[[FEMR]]
*[[Fixed Income Clearing Corporation]]
*[[FMSB]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Financial_products_and_markets]]

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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