Business reviewCapital Assessment and Risk Profile (CARP)

The annual Capital Assessment and Risk Profile (CARP) is a quantitative and qualitative process that forms a core part of a Bank’s risk management framework. It is used to determine capital adequacy and planning, assess the full spectrum of risk exposures faced by the institution and examines risk management processes and associated governance measures to ensure sufficient internal challenge.

Oyster can help you prepare your Capital Assessment and Risk Profile (CARP).

We offer:

  • Hands-on experience.
  • Specialist regulatory knowledge.
  • A tailored process.

At Oyster, our Risk and Compliance Specialists can support you in coordinating and preparing your CARP submission to the Bermuda Monetary Authority (BMA).

With our wealth of expertise, we can ensure the process is tailored to the size and complexity of your firm and that stress testing and scenario development is performed in line with regulatory guidelines.

Our services also include assistance with responses to the BMA’s supervisory assessment of the CARP submission and developing a set of Pillar III public disclosure requirements that address recent supervisory guidance.

About Oyster Consulting

Oyster Consulting is a Bermudian-staffed specialist compliance, anti-money laundering and risk management consulting firm. Our team of industry professionals brings highly-integrated knowledge and deep, hands-on functional expertise to fully support our client’s risk and