More generally, the three elements – capital requirements, recovery and resolution, and structural measures – were central to the thought process of our group. Comparison of mandatory separation and other suggestions By avoiding the decoupling of proprietary trading and market making, the proposal differs from the Volcker Rule in the United States.
The proposed mandatory separation in the EU can take place within a banking group, whereas the Volcker Rule prohibits proprietary trading from the entire banking group. When comparing the proposal of the High-level Expert Group and the proposal presented by the UK’s Independent Commission on Banking (ICB), we can say that the proposals started from different directions but their results are qualitatively similar.