Regulatory Alerts2014-03-31 | 02/17/600/0029/001Implementation of the Standardised Approach for Computing Risk-Weighted Amounts for Operational Risk under Basel II
The Bank Supervision Department has issued revised guidelines and reporting formats to implement the Standardised Approach for computing operational risk capital charges under Basel II. Effective July 1, 2014, these updates replace Guideline No. 6.8 of Part V and the existing reporting schedule for all licensed commercial and specialised banks, mandating standardized risk-weighted amount calculations. Financial institutions must adopt the new schedules to ensure consistent capital adequacy reporting and align domestic regulatory requirements with international Basel II standards.
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