Assessment of Regulatory Capital Models for Deposit-Taking Institutions

This document outlines the key principles and processes for the assessment of internal models used for regulatory capital purposes (capital models), in alignment with the Capital Adequacy Requirements Guideline. These capital models relate to the measurement of credit, market and counterparty credit risk for the purposes of calculating minimum regulatory capital requirements. This Capital Model Assessment Program applies to all deposit-taking institutions intending to use new capital models or intending to implement modifications to previously approved capital models.