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08-Internal Capital Adequacy Assessment Process (ICAAP) - METAC

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<strong>ICAAP</strong> USE TEST<br />

• The <strong>ICAAP</strong> should be embedded in the institution’s<br />

business and organisational processes, and<br />

• not simply regarded as an add on that permits the<br />

management body (both supervisory and management<br />

functions) to ‘tick a box’ and indicate that supervisory<br />

expectations nominally have been met.<br />

21

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