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Implementation > Impact and Consistency Assessment Program (ICAP)

Impact and Consistency Assessment Program (ICAP)

The main objective of the ICAP is to assess the consistency and impact of IFSB standards in member countries. It is meant to provide a validated representation of the implementation status by member RSAs and allow the identification of any regulatory gaps that might have a serious impact on the financial sector in member jurisdictions. It will also allow the IFSB to extend any support required to redeem gaps and to ensure effective implementation of standards by member jurisdictions.

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