Regulatory Alerts2025-09-10
Added · Updated
Internal Capital Adequacy Assessment Process Template
The regulator provides this advisory to establish a standardized template that small and medium-sized banks (SMSBs) must use to structure their Internal Capital Adequacy Assessment Process (ICAAP) documents. SMSBs are required to submit annual ICAAP data returns within ninety days of fiscal year-end, obtain board approval for their capital assessments, and quantify material risks in a dedicated appendix. The framework mandates forward-looking stress and scenario testing, robust capital planning, and the seamless integration of ICAAP results into ongoing risk management and board oversight.
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