EBA consults on draft Guidelines on ICAAP and ILAAP information collected for SREP purposes

11 December 2015

These draft Guidelines aim at facilitating the consistent approach to the supervisory assessment of ICAAP and ILAAP frameworks as well as the assessment of reliability of institutions' own capital and liquidity estimates as part of the supervisory review and evaluation process (SREP).

In particular, these draft Guidelines specify:

• general information about the internal capital adequacy assessment process (ICAAP) and the internal liquidity adequacy assessment process (ILAAP) frameworks, business model and strategy, as well as governance arrangements,
• ICAAP-specific methodological, policy  and operational information;
• ILAAP-specific methodological, policy and operational information, and
• management conclusions on ICAAP and ILAAP and quality assurance information.

In addition, these draft Guidelines set the criteria for competent authorities to organise the collection of ICAAP and ILAAP information from institutions taking into account the principle of proportionality in relation to the frequency, reference and remittance dates, scope and level of detail of the information collected.

These Guidelines will be finalised following the completion of the public consultation in the first half of 2016 and are expected to apply from 30 June 2016. However, some competent authorities may structure their ICAAP and ILAAP information requests in 2016 already based on the content of the draft Guidelines presented in the consultation paper.

Comments to these draft Guidelines can be sent to the European Banking Authority (EBA) by 11 March 2016. A public hearing will then take place at the EBA premises on 16 February 2016 from 10.00 to 13.00 UK time.

Press release

Consultation paper

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