ICAAP and ILAAP Reporting for Luxembourg Banks: A Practical Guide to Pillar 2 Assessments
Last updated: April 2026 Your COREP templates are filed on time. Your LCR and NSFR ratios are above the minimum. Your Pillar 3 disclosures are published. Then the CSSF sends a letter asking for your ICAAP/ILAAP documentation as part of the SREP cycle, and the room goes quiet. Because unlike the quantitative reports, ICAAP and…