PART I - COMPONENTS OF THE BUSINESS INDICATOR, ELEMENTS TO BE EXCLUDED FROM THAT INDICATOR, AND ADJUSTMENTS TO THAT INDICATOR (Article 1-22)TITLE I - COMPONENTS OF THE BUSINESS INDICATOR (Article 1-15)CHAPTER 1 - Interest, leases and dividend component (Article 1-4)Article 1 - Interest income ITSArticle 2 - Interest expenses ITSArticle 3 - Asset component ITSArticle 4 - Dividend component ITSCHAPTER 2 - Services component (Article 5-8)Article 5 - Other operating income ITSArticle 6 - Other operating expenses ITSArticle 7 - Fee and commission income component ITSArticle 8 - Fee and commission expenses component ITSCHAPTER 3 - Financial component (Article 9-15)Article 9 - Calculation of the financial componentSection 1 - Calculation of the financial component in accordance with the accounting approach (Article 10-11)Article 10 - Trading book component ITSArticle 11 - Banking book component ITSSection 2 - Calculation of the financial component in accordance with the prudential boundary approach (Article 12-15)Article 12 - Prudential boundary approachArticle 13 - Notification procedure for the use of the prudential boundary approachArticle 14 - Reversal to the accounting approachArticle 15 - Notification procedure for the reversal to the accounting approachTITLE II - ELEMENTS TO BE EXCLUDED FROM THE BUSINESS INDICATOR (Article 16)Article 16 - Scope of the exclusions from the business indicatorTITLE III - ADJUSTMENTS TO THE BUSINESS INDICATOR (Article 17-22)Article 17 - Calculation of the adjustments to the business indicator in case of mergers and acquisitionsArticle 18 - Timing for the adjustments to the business indicator following mergers and acquisitionsArticle 19 - Procedure for granting permission to exclude from the business indicator those amounts that are related to disposed entities or activitiesArticle 20 - Procedure for granting permission to exclude from the business indicator amounts related to disposed entities or activities where the impact of the divestments is lowArticle 21 - Calculation of the business indicator adjustment in case of disposalsArticle 22 - Timing for business indicator adjustments in case of disposal
TITLE I - COMPONENTS OF THE BUSINESS INDICATOR (Article 1-15)CHAPTER 1 - Interest, leases and dividend component (Article 1-4)Article 1 - Interest income ITSArticle 2 - Interest expenses ITSArticle 3 - Asset component ITSArticle 4 - Dividend component ITSCHAPTER 2 - Services component (Article 5-8)Article 5 - Other operating income ITSArticle 6 - Other operating expenses ITSArticle 7 - Fee and commission income component ITSArticle 8 - Fee and commission expenses component ITSCHAPTER 3 - Financial component (Article 9-15)Article 9 - Calculation of the financial componentSection 1 - Calculation of the financial component in accordance with the accounting approach (Article 10-11)Article 10 - Trading book component ITSArticle 11 - Banking book component ITSSection 2 - Calculation of the financial component in accordance with the prudential boundary approach (Article 12-15)Article 12 - Prudential boundary approachArticle 13 - Notification procedure for the use of the prudential boundary approachArticle 14 - Reversal to the accounting approachArticle 15 - Notification procedure for the reversal to the accounting approach
CHAPTER 1 - Interest, leases and dividend component (Article 1-4)Article 1 - Interest income ITSArticle 2 - Interest expenses ITSArticle 3 - Asset component ITSArticle 4 - Dividend component ITS
CHAPTER 2 - Services component (Article 5-8)Article 5 - Other operating income ITSArticle 6 - Other operating expenses ITSArticle 7 - Fee and commission income component ITSArticle 8 - Fee and commission expenses component ITS
CHAPTER 3 - Financial component (Article 9-15)Article 9 - Calculation of the financial componentSection 1 - Calculation of the financial component in accordance with the accounting approach (Article 10-11)Article 10 - Trading book component ITSArticle 11 - Banking book component ITSSection 2 - Calculation of the financial component in accordance with the prudential boundary approach (Article 12-15)Article 12 - Prudential boundary approachArticle 13 - Notification procedure for the use of the prudential boundary approachArticle 14 - Reversal to the accounting approachArticle 15 - Notification procedure for the reversal to the accounting approach
Section 1 - Calculation of the financial component in accordance with the accounting approach (Article 10-11)Article 10 - Trading book component ITSArticle 11 - Banking book component ITS
Section 2 - Calculation of the financial component in accordance with the prudential boundary approach (Article 12-15)Article 12 - Prudential boundary approachArticle 13 - Notification procedure for the use of the prudential boundary approachArticle 14 - Reversal to the accounting approachArticle 15 - Notification procedure for the reversal to the accounting approach
TITLE II - ELEMENTS TO BE EXCLUDED FROM THE BUSINESS INDICATOR (Article 16)Article 16 - Scope of the exclusions from the business indicator
TITLE III - ADJUSTMENTS TO THE BUSINESS INDICATOR (Article 17-22)Article 17 - Calculation of the adjustments to the business indicator in case of mergers and acquisitionsArticle 18 - Timing for the adjustments to the business indicator following mergers and acquisitionsArticle 19 - Procedure for granting permission to exclude from the business indicator those amounts that are related to disposed entities or activitiesArticle 20 - Procedure for granting permission to exclude from the business indicator amounts related to disposed entities or activities where the impact of the divestments is lowArticle 21 - Calculation of the business indicator adjustment in case of disposalsArticle 22 - Timing for business indicator adjustments in case of disposal
PART II - TAXONOMY OF OPERATIONAL RISK LOSSES, CONDITIONS UNDER WHICH THE CALCULATION OF THE ANNUAL OPERATIONAL RISK LOSS MAY BE DEEMED (Article 23-39)TITLE I - TAXONOMY OF OPERATIONAL RISK LOSSES (Article 23-33)Article 23 - Classification of loss eventsArticle 24 - Level 1 classificationArticle 25 - Level 2 classification for Level 1 event type Internal fraudArticle 26 - Level 2 classification for Level 1 event type External fraudArticle 27 - Level 2 classification for Level 1 event type Employment practices and workplace safetyArticle 28 - Level 2 classification for Level 1 event type Clients, products and business practicesArticle 29 - Level 2 classification for Level 1 event type Damage to physical assetsArticle 30 - Level 2 classification for Level 1 event type Business disruption and system failuresArticle 31 - Level 2 classification for Level 1 event type Execution, delivery and process managementArticle 32 - AttributesArticle 33 - Retroactive application of the loss data setTITLE II - CONDITIONS UNDER WHICH THE CALCULATION OF THE ANNUAL OPERATIONAL RISK LOSS IS TO BE DEEMED (Article 34-36)Article 34 - Mergers and acquisitionsArticle 35 - Business indicator temporarily equal to or exceeding EUR 750 million and not exceeding EUR 1 billionArticle 36 - Bridge institution referred to in Article 40 of Directive 2014/59/EUTITLE III - ADJUSTMENTS TO THE LOSS DATA SET FOLLOWING THE INCLUSION OF LOSSES FROM MERGED OR ACQUIRED ENTITIES OR ACTIVITIES (Article 37-39)Article 37 - Adjustments to the loss data set related to calculation of losses and risk taxonomyArticle 38 - Adjustments to the loss data set due to currency differencesArticle 39 - Calculation of the losses when the acquiring or merging institution is not able to promptly integrate the loss data set of the acquired or merged institution or activities
TITLE I - TAXONOMY OF OPERATIONAL RISK LOSSES (Article 23-33)Article 23 - Classification of loss eventsArticle 24 - Level 1 classificationArticle 25 - Level 2 classification for Level 1 event type Internal fraudArticle 26 - Level 2 classification for Level 1 event type External fraudArticle 27 - Level 2 classification for Level 1 event type Employment practices and workplace safetyArticle 28 - Level 2 classification for Level 1 event type Clients, products and business practicesArticle 29 - Level 2 classification for Level 1 event type Damage to physical assetsArticle 30 - Level 2 classification for Level 1 event type Business disruption and system failuresArticle 31 - Level 2 classification for Level 1 event type Execution, delivery and process managementArticle 32 - AttributesArticle 33 - Retroactive application of the loss data set
TITLE II - CONDITIONS UNDER WHICH THE CALCULATION OF THE ANNUAL OPERATIONAL RISK LOSS IS TO BE DEEMED (Article 34-36)Article 34 - Mergers and acquisitionsArticle 35 - Business indicator temporarily equal to or exceeding EUR 750 million and not exceeding EUR 1 billionArticle 36 - Bridge institution referred to in Article 40 of Directive 2014/59/EU
TITLE III - ADJUSTMENTS TO THE LOSS DATA SET FOLLOWING THE INCLUSION OF LOSSES FROM MERGED OR ACQUIRED ENTITIES OR ACTIVITIES (Article 37-39)Article 37 - Adjustments to the loss data set related to calculation of losses and risk taxonomyArticle 38 - Adjustments to the loss data set due to currency differencesArticle 39 - Calculation of the losses when the acquiring or merging institution is not able to promptly integrate the loss data set of the acquired or merged institution or activities