In order to fulfill the information of operational risk losses, we would like to know if we should include the following concept of losses: -Operational risk related credit risk losses. Losses included in the credit risk capital data base, but originated for an operational risk event.
These operational risk related credit risk losses are already included in the credit risk losses.
Operational risk losses that are related to credit risk and that the institution is required to treat as credit risk for the purposes of calculating own funds requirements according to Article 322 (3) b) CRR shall not be reported in the template C 17.00 of Annex I of Regulation (EU) 680/2014 - ITS on supervisory reporting. The same holds for institutions using the Standardised Approach, though Article 322 (3) b) CRR is not directly applicable to those institutions.