Internal Capital Adequacy Assestment Process (ICAAP) - December, 2023

International Investment Bank assessing their overall capital adequacy in relation to their risk profile and a strategy for maintaining their capital levels. International Bank responsibility in developing adequate an Internal Capital Adequacy Assessment Processes (ICAAPPs), it meant to provide a general guide to the formulation and implementation of our ICAAP. International Investment Banks ICAAP is tailored to its operations and include guidelines of areas that are relevant to our operations. Through its ICAAP International Investment Banks will assess the total amount of capital that is calculates as necessary to safeguard it against all of its risks inherent in its business, both currently and taking a forward view.

According to the Financial Services Regulatory Commission of Antigua and Barbuda, the Bank’s regulatory agency, Licensees are required to maintain the following capital ratios:

• Tier 1 capital to total risk-weighted assets ratio of 6 percent or greater and
• Total capital to total risk-weighted assets ratio of 8 percent or greater, and at such levels as the Commission shall determine based on its supervisory review process.

International Investment Bank shall not any time have:

(1) A capital adequacy ratio of less than the percentage calculated in the manner, the Commission may determine, in respect of all or any category of licensed financial institution.
(2) Any ratio required under subsection (1) shall be calculated on a consolidated and a solo basis for every licensed financial institution within a financial group.

Senior management and board responsibility are:

• Review timely reports on the nature and level of all risk exposure and their relation to capital levels.
• Review the ICAAP at least annually, or whenever material changes in the International Investment Bank risk profile or business environment become evident.
• Establish suitable internal control systems and reporting structures and ICAAP supporting documentation to support the ICAAP.
• Ensure that there is a regular (at least annual) review of systems, procedures and processes that support the ICAAP, and that adaptation is carried out as necessary.

The Bank’s regulatory capital position is as follows: