Risk of Harm
Calculate the Pillar 2 own funds requirement for the risk of harm from hypothetical scenarios.
Calculate own fund requirement given that there is correlation between connected scenarios.
A summary of the key issues to be covered in the Internal Capital and Risk Assessment (ICARA).
Calculate the Pillar 2 market risk due to e.g. FX movements, change in the value of assets.
Understand what drives correlations between connected risk scenarios and how sensitive they are.
A tested and tried template to assess the impact and likelihood from operational risk events.
Calculate Pillar 2 losses to the firm due to failure of counterparties e.g. to settle transactions, make payments, etc.
Set internal early warning indicators at levels appropriate for your business model.
The FCA's reporting forms for investment firms (MIF007) in Excel format