Article 29 | Delegated Regulation 2026/1167

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 ITS Article 2 - Interest expenses ITS Article 3 - Asset component ITS Article 4 - Dividend component ITS

CHAPTER 2 - Services component (Article 5-8)Article 5 - Other operating income ITS Article 6 - Other operating expenses ITS Article 7 - Fee and commission income component ITS Article 8 - Fee and commission expenses component ITS

CHAPTER 3 - Financial component (Article 9-15)Article 9 - Calculation of the financial component

Section 1 - Calculation of the financial component in accordance with the accounting approach (Article 10-11)Article 10 - Trading book component ITS Article 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 approach Article 13 - Notification procedure for the use of the prudential boundary approach Article 14 - Reversal to the accounting approach Article 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 acquisitions Article 18 - Timing for the adjustments to the business indicator following mergers and acquisitions Article 19 - Procedure for granting permission to exclude from the business indicator those amounts that are related to disposed entities or activities Article 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 low Article 21 - Calculation of the business indicator adjustment in case of disposals Article 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 events Article 24 - Level 1 classification Article 25 - Level 2 classification for Level 1 event type Internal fraud Article 26 - Level 2 classification for Level 1 event type External fraud Article 27 - Level 2 classification for Level 1 event type Employment practices and workplace safety Article 28 - Level 2 classification for Level 1 event type Clients, products and business practices Article 29 - Level 2 classification for Level 1 event type Damage to physical assets Article 30 - Level 2 classification for Level 1 event type Business disruption and system failures Article 31 - Level 2 classification for Level 1 event type Execution, delivery and process management Article 32 - Attributes Article 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 acquisitions Article 35 - Business indicator temporarily equal to or exceeding EUR 750 million and not exceeding EUR 1 billion Article 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 taxonomy Article 38 - Adjustments to the loss data set due to currency differences Article 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

PART III - FINAL PROVISIONS (Article 40)Article 40 - Entry into force

Damage to physical assets Level 2 classification	Description	Reference number
Natural disasters	Losses due to natural disasters, including pandemic events.	5.1
Other external events	Losses due to other events, including accidents, wilful damage, war, civil disturbance, riots and terrorism. Business disruption events, including those stemming from workforce availability, shall not be mapped in this category.	5.2

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Article 29 - Delegated Regulation 2026/1167

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