What is Internal Liquidity Adequacy Assessment Process (ILAAP)?
Internal Liquidity Adequacy Assessment Process (ILAAP) definition and meaning on Finance terms:
Comprises strategies, policies, processes and systems used by banks to identify, measure, manage and monitor liquidity risk over an appropriate set of time horizons, including intra-day, in order to ensure that institutions maintain adequate liquidity buffers. The competent authorities review the ILAAP as part of the SREP. See also
Supervisory Review and Evaluation Process (SREP)<