Book traversal links for 2. Executive Summary
2. Executive Summary
Effective from Jan 01 2024 - Jan 30 2009
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The major purpose of the Executive Summary is to describe in a summary form the main results of the ICAAP effort which is to bring into one place objectives of the ICAAP, the assessment of the capital requirements for strategies, business plans, all risks, acquisitions, etc. Also presented and described should be the capital required for economic, regulatory and accounting purposes and identification of planned sources of capital to meet these objectives. The following information should be briefly described and where appropriate, relevant amounts are quantified and presented in a tabular format: | ||||||
A. | 1. Capital Required | |||||
■ | Pillar 1 Capital Requirements | |||||
■ | Pillar 2 Capital Requirements | |||||
■ | Business Plans (Summarized) | |||||
■ | Growth Rate and amounts by business lines | |||||
■ | Capital requirements by business lines | |||||
■ | Strategic Initiatives | |||||
■ | Capital Expenses | |||||
■ | Stress testing | |||||
■ | Other capital requirements | |||||
■ | Total capital requirements | |||||
2. | Capital Available | |||||
■ | Current Availability | |||||
■ | IPOS | |||||
■ | Qualifying Sukuks | |||||
■ | Qualifying Debt issues | |||||
■ | Rights issue | |||||
■ | Other capital sources | |||||
■ | Total capital sources | |||||
3. | Buffer Available (1-2) | |||||
B. | Dividends Proposed | |||||
C. | Funding plans over the Time Horizon | |||||
D. | Capital requirement for each subsidiary or affiliate | |||||
Other information that may be included in the Executive Summary are comments on significant matters on any of the items above. |