ICAAP & ILAAP role in SREP

Implementation in national regulation - ILAAP
✓ ILAAP – Appendix 2: Liquidity risk of REGULATION on Internal Governance Arrangements
✓ This appendix defines the additional requirements with regard to liquidity risk
management referred to in Articles 158, 159 and 160 of the ZBan-2 (Banking act) for the
purpose of a bank being able at any moment to meet its obligations in timely fashion by
ensuring:
1. an adequate level of liquidity buffers, and
2. stable funding structure.
✓ The additional minimum requirements referred to in the first paragraph include
requirements in connection with:
1. the organisation of liquidity risk management;
2. the management of intraday liquidity;
3. the management of collateral assets and asset encumbrance;
4. the allocation of costs, benefits and risks in the provision of liquidity;
5. the mitigation of liquidity risk; and
6. measures to prevent and eliminate the causes of liquidity shortfalls.
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