ICARA/ICAAP Compliance Solutions

In today’s global landscape, navigating the realm of regulatory compliance has become exceedingly intricate.

In today’s evolving regulatory environment, financial firms must ensure they have the right frameworks in place to manage risk effectively and maintain adequate capital. ICARA (Internal Capital Adequacy and Risk Assessment) and ICAAP (Internal Capital Adequacy Assessment Process) are essential for firms operating under MIFIDPRU regulations, helping to safeguard business stability and regulatory compliance.

At AJC, we provide expert guidance to support firms in implementing and maintaining an effective ICARA process, ensuring they meet regulatory expectations while optimising operational resilience.

Our goal is to help you implement an effective, compliant, and robust ICARA process that safeguards your business and meets regulatory expectations.

How can AJC Help?

AJC helps clients from a broad range of organisations, in many different sectors, assess and manage risk, build resilience to maximise outcomes and together address the increasing complexity of regulatory compliance.

We combine deep regulatory expertise with a pragmatic approach to help firms transform compliance into a strategic advantage. Our key strengths include:

Bespoke Solutions – We tailor ICARA frameworks to suit your firm’s size, risk exposure, and business model.
Industry Expertise – Our consultants have extensive experience in financial risk, compliance, and regulatory frameworks.
Practical Implementation – We focus on real-world application, ensuring seamless integration into your operations.
Technology-Driven Compliance – Helping firms leverage automation for real-time monitoring and reporting.

AJC's Services

Compliance & Operational Risk Management
Risk Advisory & Control Environment
Product Lifecycle Compliance
End-to-End Technology Integration

Compliance & Operational Risk Management

Operational risk, often referred to as enterprise risk management, encompasses all aspects of business operations, including risk frameworks, periodic reviews, complaint and issue management, and related risks.

We provide comprehensive advisory services to strengthen risk management frameworks,
ensuring compliance aligns with corporate objectives.This includes:

Implementing the Three Lines of Defence model
Integrating cybersecurity risk management
Strengthening data governance and oversight

Risk Advisory & Control Environment

Our strategic risk advisory services help businesses identify, assess, and mitigate risks while establishing a robust control environment to meet evolving regulatory requirements. We also
assist with:

Policy and procedure development to streamline internal processes
Enhancing risk governance structures for sustainable compliance

Product Lifecycle Compliance

We offer tailored compliance solutions for every stage of the product lifecycle – from design and development to market launch – ensuring regulatory requirements are met at every critical phase.

End-to-End Technology Integration

We help firms harness technology to streamline compliance tracking and reporting across all
business units. Our solutions include:

Automated reporting tools for real-time compliance insights
Data analytics solutions to proactively manage risk and regulatory obligations