Use of the Advanced Measurement Approach for Operational Risk Capital

OSFI is revising its capital requirements for operational risk applicable to deposit-taking institutions (DTIs), reflecting the final Basel III revisions published by the Basel Committee on Banking Supervision (BCBS) in December 2017. In advance of these new requirements, institutions currently approved to use the Advanced Measurement Approach (AMA) for operational risk capital are asked to report using the current Standardized Approach for Fiscal Year 2020.