ICARA – THE NEW ICAAP
We were early researchers on the requirements of the new ICARA regime, which will come into force in 2022, replacing the existing ICAAP.
The ICARA Process will need to demonstrate a truly capable, robust and functioning governance and risk management systems. This must be accompanied by the full, necessary public disclosures which flow from it. The FCA has said it will concentrate on the following risks: risk to market; risk to customer and risk to firm. We provide:
- An ICARA Process gap analysis
- Bespoke drafting
- Tailored ICARA training
- Alignment of your strategy and customer needs