Ahead of the publication next month of Anthology: Past, Present and Future Principles of Banking and Finance, I present here an extract from the book's companion website. The Supervisory Review and Evaluation Process (SREP) is essentially the regulator's assessment of a bank's capital adequacy (with similar L-SREP for liquidity) and the slide deck, co-written with Dr. Polina Bardaeva, is an accessible and succinct summary to understanding the SREP's critical details. We hope you find it of value.