This section covers general criteria and methodologies used by Finanstilsynet in the Supervisory Review and Evaluation Process (SREP) referred to in Article 97 of Directive 2013/36/EU, minimum requirements for the Internal Capital Adequacy Assessment Process (ICAAP) conducted by the institutions, and policies guiding Finanstilsynet in taking specific supervisory measures.
The executive summaries on the supervisory review in Norway may serve as a first introduction. The four categories of Supervisory Review include:
- Scope of application of SREP
- Assessment of SREP element
- Review and evaluation of ICAAP and ILAAP
- Overall SREP assessment and supervisory measures