operational risk
Definitions over time (1)
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17/04/2007 – 01/01/2014 Article 4, Directive 2006/48/EC (CRD) Scope: Whole act
For the purposes of this Directive, 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;
Earlier definition records in this act (1)
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- Article 4(22) Historical · definitions end 17/04/2007
Used in (0 places in 0 provisions on 10/11/2026)
No text uses this concept on 10/11/2026.