ECB publishes final guides for banks on capital and liquidity adequacy
On 09 November 2018, the ECB published the final versions of its „Internal Capital Adequacy Assessment Process (ICAAP)” and its „Internal Liquidity Adequacy Assessment Process (ILAAP)”. For Less Significant Institutions (LSIs), the German Federal Financial Supervisory Authority (BaFin) had already finalized its „Guidelines on the supervisory assessment of banks’ internal capital adequacy concepts and their integration into processes of integrated performance and risk management (ICAAP) – Realignment” the previous May (cf. our Blog).
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