Internal Capital Adequacy Assessment Program (ICAAP)
Konsult can help in implementing ICAAP frameworks that satisfy internal and regulatory requirements. Our comprehensive and forward-looking solutions include identification of all risk types, accurate assessment, quantification, and deciding on the appropriate monitoring procedures.
We offer a comprehensive and flexible approach for ICAAP development, including design of an ICAAP framework that fits the company’s profile and risk appetite.
We implement the framework by building an organizational structure, systemic solutions, and the skills required to measure risks, stress test exposures, and allocate capital in an optimal way.
We conduct gap analyses to understand requirements and the current status of the company’s capital management and to implement a capital maintenance strategy.
We prepare all documentation of the ICAAP framework, process modeling, and quality reviews to communicate to stakeholders within the company.
Capital Adequacy & Risk Evaluation (CARE)
We deliver fully integrated, streamlined, and accurate regulatory capital management and reporting quickly and efficiently which can be used in conjunction with the Financial Planning Module to examine capital adequacy on future balance sheets and explore capital adequacy based on different business strategies and economic assumptions.
CARE can generates various reports including:
- (YTD) balance sheets and income statements
- Investments breakdowns
- leased assets, due receivables and bank balances
- Credit Quality, Credit Risk Exposures, Impact of deteriorating credit ratings, large exposures, and Collaterals
- RWA, capital resources, in terms of eligible Tier 1 & 2, Capital Ratio, and Surplus/(Deficit)
- Impact of changes to market to market values, and Operational Risk
Crisis Management COVID-19 (Corona Virus)
We perform a dynamic risk assessment and planning, to issue a comprehensive assessment report contains solid recommendations and practical steps to improve the company’s ability to prepare an effective response to COVID-19, which include the following:
- Strategies
- Scenario Planning
- Workforce
- Customers
- Operations and Supply chain
- Project Management
We issue a comprehensive crisis management manual contain the followings:
Risk mitigations framework
activities to survive the COVID-19 crisis
Crisis Management and communication Plan templates
Roles and responsibilities for the Crisis Management Team
A workshop training to the senior decision-making team will be provided
Pillar III – Market Discipline Road map (PIII)
This is an effective means of informing the market about the Company’s exposure to risks and enhances comparability.
Pillar 3 qualitative and quantitative risk disclosures are as follows:
1.Capital Adequacy
- Pillar I – Minimum capital requirements: sets minimum capital requirements to meet Credit, Market and Operational risks;
- Pillar II – Internal Capital Adequacy Assessment Process (ICAAP): perform a thorough review of the material risks, stress testing, strategic capital plans, corporate governance, the internal control framework as well as the roles and responsibilities of departments / individuals that are critical to the implementation of ICAAP framework.
- Risk Management Strategies and processes: Scope and nature of risk reporting and measurement systems, and Policies and guidelines for monitoring and mitigating risks; and
- Credit Risks, Market Risk, Operational Risk, and Liquidity Risk.
