Mastering ICAAP: Achieving excellence in the new world of scarce capital
| Report
In the wake of the financial crisis, regulators have put most of their energies into Pillar 1 reform. Now they are turning to Pillar 2 and the Internal Capital Adequacy Assessment Process (ICAAP) to rein in other risks and to accelerate the work on Pillar 1. Banks must rapidly develop a playbook of ICAAP strategy if they are to get out in front of this new regulatory trend.
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