Electricity Regulation Act, 2006
R 385.00
Banks Act, 1990 (Act No. 94 of 1990)RegulationsRegulations relating to BanksChapter II : Financial, Risk-based and other related Returns and Instructions, Directives and Interpretations relating to the completion thereof34. Operational risk: six-monthly returnOperational risk - Directives and interpretations for completion of quarterly return concerning operational risk (Form BA 410) |
[Regulation 34 heading substituted by section 9 of Notice No. 724, GG44003, dated 18 December 2020]
| (1) | The content of the relevant return is confidential and not available for inspection by the public. |
| (2) | The purpose of the return is to obtain from a bank that adopted the advanced measurement approach for the calculation of its required amount of capital and reserve funds in respect of operational risk selected information in respect of, amongst other things, the bank's loss event types, recorded losses and recovery of loss, which information is based on specified business lines and specified loss event types. |
| (3) | A bank shall complete the form BA 410 in accordance with such instructions or requirements as may be determined or directed in writing by the Authority. |
[Regulation 34(3) substituted by section 36 of Notice 5802, GG52013, dated 31 January 2025, shall come into operation on 1 February 2025]
