
Central Bank of Africa
Guidance Notes on the Calculation of Capital Requirement for Operational Risk for Non-interest Financial Institutions in Nigeria
- Author
- Central Bank of Africa
- Pages
- 16 pages
The guidance establishes methods for calculating operational risk capital requirements for non-interest financial institutions, including the Basic Indicator Approach and Standardized Approach. It sets requirements for governance, Shari’ah compliance, business line mapping, operational risk data systems, annual exposure assessments, reporting, business continuity, and supervisory approval…