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EBA-RTS-2015-02 RTS on AMA assesment.pdf
EBA-RTS-2015-02 RTS on AMA assesment
EBA publishes final draft standards on assessment methodologies to use Advanced Measurement Approaches for operational risk
The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS), which specify the criteria that Competent Authorities need to take into account before granting institutions permission to use advanced measurement approaches (AMA) for calculating their capital requirements for operational risk. These RTS are part of the overall review of internal models undertaken by the EBA and are part of the Authority’s efforts to harmonise practices for the approval of internal models in the area of credit, market and operational risk models across the EU banking sector. These RTS will be part of the Single Rulebook aimed at enhancing regulatory harmonisation in the banking sector across the European Union.