Internal Capital Adequacy Assessment Process: Difference between revisions
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The Internal Capital Adequacy Assessment Process of a bank takes the form of a document which: | The Internal Capital Adequacy Assessment Process of a bank takes the form of a document which: | ||
*Provides details of how the bank | *Provides details of how the bank assesses its individual capital needs and manages its capital position; and | ||
*Explains the bank's management and control processes. | *Explains the bank's management and control processes. | ||
Revision as of 13:42, 11 November 2016
Bank supervision - capital adequacy.
(ICAAP).
The Internal Capital Adequacy Assessment Process of a bank takes the form of a document which:
- Provides details of how the bank assesses its individual capital needs and manages its capital position; and
- Explains the bank's management and control processes.
It is approved by the bank's management body, and submitted to the regulator as part of the regulator's capital adequacy supervision of the bank.
