Article 454 Disclosure of the Use of the Advanced Measurement Approaches to Operational Risk
The institutions using the Advanced Measurement Approaches set out in Articles 321 to 324 for the calculation of their own funds requirements for operational risk shall disclose a description of their use of insurance and other risk transfer mechanisms for the purpose of mitigating that risk.
[Note: This rule corresponds to Article 454 of the CRR as it applied immediately before revocation by the Treasury.]
- 01/01/2022