Could investment firms’ actions today be storing up problems for tomorrow? Our 2015 Internal Capital Adequacy Assessment Process (ICAAP) benchmarking survey reveals how omissions or errors in the fine detail of Financial Conduct Authority (FCA) submissions could have substantial knock-on effects. In some cases, firms could be compelled to hold up to double the capital than they had calculated, a finding that could impact dividend payouts and impact a firm’s ability to grow.
A copy of the 2016 report can be found here.
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