10.2. Qualifying Criteria for the Standardised Approach (STA), Alternative Standardised Approach (ASA), and Advance Management Approaches (AMA)
الرقم: BCS 290
التاريخ (م): 2006/6/12 | التاريخ (هـ): 1427/5/16
الحالة: No longer applicable
10.2.1
Subject to meeting the minimum qualifying requirements, banks may seek SAMA’s approval to use either the STA, or ASA or AMA approaches.
10.2.2
To use the STA, ASA or AMA which are more advanced approaches for measuring the capital charge for operational risk, a bank must have in place adequate internal operational risk management systems that are commensurate with the nature, volume and complexity of its business activities. In particular, it should meet the criteria set out in Basel II document.
1.
Standardized Approach
In order to qualify for the Standardized Approach or the Alternative Standardized Approach a bank must satisfy SAMA that the conditions described in Para’s 660 to 663 of Basel II Document have been fully met or complied with.
2.
Advance Management Approaches (AMA)
In order to qualify for the AMA, banks must satisfy SAMA that the requirements under Para’s 664 to Para 679 of Basel II Document are satisfied.
