Internal Liquidity Adequacy Assessment Process
From ACT Wiki
Bank supervision - liquidity risk.
(ILAAP).
The Internal Liquidity Adequacy Assessment Process of a bank takes the form of a document which:
- Provides details of how the bank manages its liquidity position; and
- Explains the bank's management and control processes.
It is approved by the bank's management body, and submitted to the regulator as part of the regulator's liquidity review of the bank.
