+Article 311a Definitions

Article 311a Definitions

Article 311a

Definitions

For the purposes of this Title, the following definitions apply:

(1)

“operational risk event” means any event linked to an operational risk which generates a loss or multiple losses, within one or multiple financial years;

(2)

“aggregated gross loss” means the sum of all gross losses linked to the same operational risk event over one or multiple financial years;

(3)

“aggregated net loss” means the sum of all net losses linked to the same operational risk event over one or multiple financial years;

(4)

“grouped losses” means all operational losses caused by a common underlying trigger or root cause that could be grouped into one operational risk event.

1. Overview

Summary	Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source	Requirement

3. Related Standards

Standards
Source	Requirement

Builddate: 01.01.2027 00:00:00 -Doknr: CELEX:32013R0575
EULAW -
EN: Legal acts of the European Union from EUR-Lex, https://eur-lex.europa.eu/. © European Union. Re-use is authorised by Decision 2011/833/EU, provided the source is acknowledged; the consolidated texts are licensed under CC BY 4.0 (EUR-Lex legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the legislation published in the Official Journal of the European Union is deemed authentic.

DE: Rechtsakte der Europäischen Union aus EUR-Lex, https://eur-lex.europa.eu/. © Europäische Union. Weiterverwendung nach Beschluss 2011/833/EU mit Quellenangabe gestattet; die konsolidierten Fassungen stehen unter CC BY 4.0 (Rechtlicher Hinweis von EUR-Lex). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Verbindlich sind allein die im Amtsblatt der Europäischen Union veröffentlichten Rechtsakte.