For the purpose of the ICAAP rules as they apply on a consolidated
basis or on a subconsolidated basis:
(1) 1the firm must ensure that the consolidation group has the processes,
strategies and systems required by the overall Pillar 2 rule in 3.1;
(2) the risks to which the overall Pillar 2 rule in 3.1 and the general
stress test and scenario analysis rule refer are those risks as they apply
to each member of the consolidation group;
(3) the reference in the overall Pillar 2 rule in 3.1 to amounts and
types of financial resources, own funds and internal capital (referred to in
this rule as resources) must be read as being to the amounts and types that
the firm considers should be held by the members of the consolidation group;
(4) other references to resources must be read as being to resources of
the members of the consolidation group;
(5) the reference in the overall Pillar 2 rule in 3.1 to the distribution
of resources must be read as including a reference to the distr