Firms covered by CRD are required to implement an Individual Capital Adequacy Assessment Process (ICAAP), and submit a document that shows to the firms governing body and the FSA, how the firm has assessed and implemented its capital adequacy procedures.
A suggested format of how firms might structure their ICAAP document can be found in our Preparing an ICAAP factsheet.
If you require any assistance or have any queries regarding ICAAP, please call or send an e-mail.
Lorraine Bay
Moore Stephen LLP
St Pauls House
Warwick Lane
EC4M 7BP
020 7334 9191