The PRA has issued a paper concerning documentation in the internal model approval process (IMAP). In the paper, the PRA sets out principles of good documentation and provides anonymised examples from its review work to date. The examples are not intended as templates, but to give firms guidance in how to submit good quality documentation for IMAP and the IMAP components of ICAS+ reviews.

View Documentation in the internal model approval process, 13 December 2013