Question ID
2019_4628
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting - COREP (incl. IP Losses)
Article
99
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)
Article/Paragraph
Reporting framework 2.8 Annex 1 Template 32.2
Type of submitter
Credit institution
Subject matter
Upside uncertainty and OPR AVA
Question

How shall OPR AVA be treated in relation to Upside uncertainty?

Background on the question

The upside uncertainty explanation - 'The upside uncertainty shall be calculated and aggregated on the same basis as the total AVA computed in column 0110, but substituting a 10% level of certainty for the 90% used when determining the total AVA (cp. Art. 8(2) of the Delegated Regulation).' seems to be problematic for the calculation of OPR AVA for institutions that does not have an AMA model. Theoretically it is hard to imagine in which cases there is an upside potential of operational risk.

Submission date
Rejected publishing date
Rationale for rejection

This question has been rejected because the matter it refers to has already been identified and will be considered for a forthcoming  version of the Reporting framework and release of the respective validation rules.

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Status
Rejected question