Guidance Notice for reporting the use of the Standardised Approach for operational risk and for applying for approval to use an alternative indicator

Law Financial services English Banking

Date: 21st Nov, 2023 Source: Federal Financial Supervisory Authority Country: Germany Original Source

Brief

Details the reporting requirements for financial institutions using the Standardised Approach for operational risk and the process for applying to use an alternative indicator.

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Guidance Notice for reporting the use of the Standardised Approach for operational risk and for applying for approval to use an alternative indicator

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Guid­ance No­tice for re­port­ing the use of the Stan­dard­ised Ap­proach for op­er­a­tional risk and for ap­ply­ing for ap­proval to use an al­ter­na­tive in­di­ca­tor

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Guidance Notice for reporting the use of the Standardised Approach for operational risk and for applying for approval to use an alternative indicator