The EBA has launched a public consultation on draft Guidelines on the collection of information related to the internal capital adequacy assessment process (ICAAP) and the internal liquidity adequacy assessment process (ILAAP).
The draft Guidelines provide:
- general information about ICAAP and ILAAP frameworks, business model and strategy, as well as governance arrangements;
- both ICAAP- and ILAAP-specific methodological, policy and operational information; and
- management conclusions on ICAAP and ILAAP and quality assurance information.
The Guidelines are expected to apply from 30 June 2016.
Responses by 11 March 2016.