Technical standards on the new Business Indicator framework for operational risk
- Status: Under consultation
These Technical Standards aim to clarify the composition of the new business indicator at the heart of the operational risk capital requirements calculation, mapping the business indicator items to financial reporting (FINREP) items and highlighting possible adjustments to the business indicator in case of specific operations. They include:
- Regulatory Technical Standards on the components of the Business indicator under Article 314(6)(a) of the CRR and the elements to be excluded from the Business Indicator under Article 314(6)(b) of the CRR
- Implementing Technical Standards on the mapping of the Business Indicator components with corresponding supervisory reporting references under Article 314(7) of the CRR
- Regulatory Technical Standards on the adjustments to the Business Indicator under Article 315(3)(a), (b) and (c) of the CRR