This chapter describes disclosure requirements for operational risk.
Effective as of:
15 Dec 2019
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Last update:
15 Dec 2019
Qualitative disclosures |
(a) |
The approach(es) for operational risk capital assessment for which the bank qualifies. |
(b) |
Description of the advanced measurement approaches (AMAs) for operational risk, if used by the bank, including a discussion of relevant internal and external factors considered in the bank's measurement approach. In the case of partial use, the scope and coverage of the different approaches used. |
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(c)* |
For banks using the AMAs, a description of the use of insurance for the purpose of mitigating operational risk. |
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*Fulfilling this requirement is a condition for use of the particular approach (AMA) for the calculation of regulatory capital. |
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