Home » Internal Capital Adequacy Assessment Process (ICAAP) – Primer 2

November 28, 2022    By Robert Katuntu


A good ICAAP should meet the following standards:

  1. Formalized and documented;
  2. Sufficiently detailed – estimates current and prospective capital for 3-5 years;
  3. Subject to internal review and approval by management and the board;
  4. Comprehensive in coverage of risks (identify and allocate capital);
  5. Indicative of the interactions between the various risks;
  6. Relates the financial institution’s capital adequacy goals to risks, strategic focus and business plan;
  7. Assures the integrity of the overall process;
  8. Integrates policies and controls for regular validation of the methodology, data, systems and processes;
  9. Exhibits a simple and intuitive presentation.

JSR has a structured approach to ICAAP that starts with understanding your business:

We have a team of uniquely qualified and experienced ICAAP consultants led by:

Robert Katuntu, CFA, CPA, MBA (+256 786 624855)

Albert Otete, PhD, CPA (+256 772 703444)