Updated 21/12/2024
In force

Version from: 09/07/2024
Amendments (2)
Search within this legal act

Article 446 - Disclosure of operational risk management

Attention! This article will be amended on 01/01/2025. Please consult Regulation 2024/1623 to review the changes that will be made to the article.

Article 446

Disclosure of operational risk management

Institutions shall disclose the following information about their operational risk management:

(a) 

the approaches for the assessment of own funds requirements for operation risk that the institution qualifies for;

(b) 

where the institution makes use of it, a description of the methodology set out in Article 312(2), which shall include a discussion of the relevant internal and external factors being considered in the institution's advanced measurement approach;

(c) 

in the case of partial use, the scope and coverage of the different methodologies used.