ICAAP (Internal Capital Adequacy Assessment Process)

How long does the training course last?

1,50 hours(s)

In which language(s) is the training course taught?

When will the next session take place?

Who is organising this training course?

PwC Academy leverages PwC’s expertise to deliver world-class learning experiences to organizations across all industries and regions. Our objective is to help professionals develop their knowledge, skills, competencies, and expertise, enabling them to support and drive the growth of their organizations.

Who is the training course aimed at?

Risk professionals and executives

What are the aims or the skills being targeted?

One of the key principles of risk management for financial institutions, both from a regulatory and from an economic point of view, is that any bank must at all times have sufficient capital in relation to the risks it is facing. This notion has been formalised e. g. in the ECB's ICAAP guidelines as well as in the CSSF's circular 20/753.

This course will enable participants to:

understand the purpose and regulatory background of the Internal Capital Adequacy Assessment Process (ICAAP);
understand how to establish and document an ICAAP that covers the full range of risks facing their bank in line with best practices.

What does the training course cover?

Purpose of the internal capital adequacy assessment process: regulatory background
Elements of an ICAAP and the ICAAP documentation
Measuring financial and non-financial risks for ICAAP purposes across the economic and the normative perspective
Case studies

What other information is useful to know?

This training is coordinated by Jean-Philippe Maes, Partner at PwC Luxembourg.

Jean-Philippe Maes is a partner with over 15 years of expertise in Basel III, regulatory reporting, risk management, and internal governance, including Basel IV preparation. He has supported banks, investment firms, and management companies in implementing regulatory frameworks and managing risks from operational to internal models, including COREP/FINREP reporting. Recently, his focus has been on risk appetite frameworks and non-financial risks such as climate, conduct, and reputational risks. Jean-Philippe has led significant projects like designing recovery plans, conducting governance reviews, and training over 600 bankers. He is also a frequent speaker and represents PwC at Luxembourg’s Banks and Bankers’ Association Banking Supervision Committee.