The Guideline 26/2017 ''On the internal capital adequacy assessment process''

Type: Directives
Approved by: Supervisory Council
Number: 26
Date: 03.05.2017
Enter into force: 31.12.2017
Published in: Official Journal
on: 15.05.2017
Category: Supervision
Department: Banking Supervision
The purpose of this guideline is to set out the requirements for banks on drafting and implementing the Internal Capital Adequacy Assessment Process (ICAAP), as well as the expectations of the supervisor on the structure and content of the report of this process, which shall be submitted to the Bank of Albania. ICAAP, which is independently realised by the bank, shall ensure the assessment of the current and future levels of capital adequacy, based on its risk profile and strategies.