OJK Consults on Standardized Approach for Operational Risk
OJK launched a consultation on the standardized approach for calculation of risk-weighted assets for operational risk. The consultation in the published circular closes on February 11, 2020 and the proposed provisions are expected to take effect on January 01, 2022.
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Comment Due Date: February 11, 2020
Effective Date: January 01, 2022
Keywords: Asia Pacific, Indonesia, Banking, Operational Risk, Risk-Weighted Assets, Regulatory Capital, Basel III, Standardized Approach, OJK
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