Insurance (prudential standard) determination No. 3 of 2014 - Prudential Standard GPS 110 - Capital Adequacy
Operational Risk ChargeOperational Risk Charge
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The Operational Risk Charge relates to the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events. The method for determining the Operational Risk Charge is set out in Prudential Standard GPS 118 Capital Adequacy: Operational Risk Charge.