Article 446 Disclosure of Operational Risk Management

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

  1. (a) the approaches for the assessment of own funds requirements for operational risk that the institution qualifies for;
  2. (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 relevant internal and external factors being considered in the institution's advanced measurement approach;
  3. (c) in the case of partial use, the scope and coverage of the different methodologies used.

[Note: This rule corresponds to Article 446 of the CRR as it applied immediately before revocation by the Treasury.]