PD-1.3.30

Past version: Effective from 01 Apr 2011 to 31 Mar 2016
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The following quantitative disclosures should be made for operational risk:

(a) The calculation of the capital charge or RWA equivalent for operational risk;
(b) Indicators of operational risk exposures, such as:
•   Gross income;
•   Amount of non-Shari'a-compliant income; and
•   Number of Shari'a violations that were identified and reported during the financial year; and
(c) Any material legal contingencies including pending legal actions. This should a discussion and estimate of the potential liabilities, in addition to qualitative statements about how the bank manages and controls such risks.
Amended April 2011
Amended October 2010
April 2008