Internal Capital Adequacy Assessment Process
Ø Risks identified through ICAAP
Ø Manner of monitoring & managing of risks
ØImpact of risk profile changes on the capital results of stress test / scenario analysis
ØReview of ICAAP outcome by the Board at least once a year or as and when  necessary.
ØBoard should assess & document whether ICAAP has achieved the objective envisaged
Ø Senior Management to review the reports regularly to evaluate the sensitivity of assumptions used and assess the validity of capital assessments made.
Ø
—
19
monogram