operational risk
Definitions over time (1)
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12/08/2014 – 06/12/2017 Article 2, Regulation (EU) No 795/2014 of the ECB Scope: Whole act
‘operational risk’ means the risk that deficiencies in information systems or internal processes, human error, management failures, or disruptions caused by external events or outsourced services will result in the reduction, deterioration or breakdown of services provided by a SIPS;
Other definitions of this term in this act (1)
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Used in (0 places in 0 provisions on 12/11/2026)
No text uses this concept on 12/11/2026.