Home / Financial Services

Legal News

ICAAP practices analysed by European Central Bank in new report

Copyright © 2025 LexisNexis

Published on: 11 August 2020

Published by LNB News

LNB News 11/08/2020

Document Information

Issue Date: 11 August 2020

Published Date: 11 August 2020

Jurisdiction(s): United Kingdom

Article summary

The European Central Bank (ECB) has published its August 2020 report on banks’ internal capital adequacy assessment process (ICAAP) practices. The report details the range of ICAAP practices observed in a sample of 37 banks and summarises the results of a structured analysis of ICAAP practices based on the ICAAP packages submitted by a representative sample of significant institutions in 2019. The analysis highlights areas where banks’ practices appear to be ‘further developed’, as well as those where the ECB believes that ‘additional work is warranted’.

Popular documents

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit

Strike out—making an application to strike out a statement of case

Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application

Template for regulatory references given by SMCR firms and disclosure requirements

Template for regulatory references given by SMCR firms and disclosure requirements[Insert addressee details]Dear [insert name][It is our understanding that [insert name of prospective employee] [was an employee of yours between the dates of [insert dates as appropriate] OR is a current employee of