Also, securities underwriting does not have to be separated but it is important that risks in non-transitory positions possibly arising from underwriting are carefully monitored by supervisors. Second, the trading entity must be separately capitalized and must not be funded by insured deposits.
And third, the deposit-taking part of the banking group (“deposit bank”) is not allowed under any circumstances to support the trading entity either directly or indirectly by making transfers or commitments to the extent that its capital adequacy including capital buffer requirements would be endangered or that the general limits on large exposures would be violated.