operational risk tolerance

Definitions over time (1)

26/07/2018 – today applies on 12/11/2026 Article 2, Commission Delegated Regulation (EU) 2018/959 Scope: Whole act

For the purposes of this Delegated Act, the following definitions shall apply:

‘operational risk tolerance’ means an institution's forward looking view, represented in absolute figures, of the aggregate level and types of operational risk that the institution is willing or prepared to incur which will not jeopardise its strategic objectives and business plan;