What is Internal Capital Adequacy Assessment Process (ICAAP)?
Internal Capital Adequacy Assessment Process (ICAAP) definition and meaning on Finance terms:
Comprises strategies and processes used by banks to assess and maintain, on an ongoing basis, the amounts, types and distribution of internal capital that they consider adequate to cover the nature and level of the risks to which they are or might be exposed. The competent authorities review the ICAAP as part of the SREP. See also
Supervisory Review and Evaluation Process (SREP)<