operational risk

Defined in Article 4, Capital Requirements Regulation (CRR)

Definitions over time (3)

1. 01/01/2025 – today applies on 12/11/2026 Article 4, Capital Requirements Regulation (CRR) Scope: Whole act

   For the purposes of this Regulation, the following definitions shall apply:

   ‘operational risk’ means the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events, including, but not limited to, legal risk, model risk or information and communication technology (ICT) risk, but excluding strategic and reputational risk;

2. 25/12/2019 – 01/01/2025 Article 4, Capital Requirements Regulation (CRR) Scope: Whole act

   For the purposes of this Regulation, the following definitions shall apply:

   ‘operational risk’ means the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events, and includes legal risk;

3. 28/06/2013 – 19/07/2016 Article 4, Capital Requirements Regulation (CRR) Scope: Whole act

   For the purposes of this Regulation, the following definitions shall apply:

   ‘operational risk’ means the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events, and includes legal risk;

Used in (116 places in 23 provisions on 12/11/2026)

Capital Requirements Regulation (CRR) (116 in 23)

Recital 52⁴ · Recital 124 · Article 1 · Article 4² · Article 5a · Article 92 · Article 105 · Article 286 · Article 311a⁵ · Article 312 · Article 314⁹ · Article 316² · Article 317¹⁷ · Article 318¹⁸ · Article 319⁵ · Article 320²³ · Article 322 · Article 323¹⁰ · Article 446⁷ · Article 451b · Article 454 · Article 457 · Article 519e³