33. On internal capital definition and the capital allocation used within ICAAP, competent …

On internal capital definition and the capital allocation used within ICAAP, competent authorities should ensure that they receive from institutions the following:

• a. definition of the internal capital used to cover ICAAP capital estimates, including all the capital elements/instruments considered;
• b. description of the main differences between internal capital elements/instruments and regulatory own funds instruments, where appropriate;
• c. description of the methodology and assumptions used for the allocation of internal capital to group entities, and of the core business lines and markets, where appropriate;
• d. description of the monitoring process (comparison of internal capital estimates vs. allocated capital), including escalation procedures.

6.3.2 Operational documentation

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/