Operational Risk Requirement definition

Operational Risk Requirement means the amount calculated in accordance with subrule S1A.2.3(1) which is required to cover exposures associated with commencing and remaining in business arising separately from exposures covered by other risk requirements.
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Operational Risk Requirement means the amount calculated under Rule 19.6;
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Examples of Operational Risk Requirement in a sentence

  • Total Risk Requirement means the sum of: (a) Operational Risk Requirement; (b) Counterparty Risk Requirement; (c) Large Exposure Risk Requirement; (d) Position Risk Requirement; (e) Underwriting Risk Requirement; and (f) Non-Standard Risk Requirement, however where an asset or liability is an Excluded Asset or Excluded Liability a risk requirement otherwise applicable under paragraphs (a) to (e) is not included.

  • A Participating Organisation must ensure that its Operational Risk Requirement is less than the Participating Organisation’s Core Capital.

  • The Exchange may require a Participating Organisation to increase its Operational Risk Requirement if the Exchange is not satisfied that the internal controls of the Participating Organisation are adequate.

  • A Non-Universal Broker must maintain a Minimum Operational Risk Requirement of RM5,000,000.00.

  • The aperture contained 340 motion vectors and provided motion information which was similar to the motion of 360 dots used in the psychophysical experiments.

  • Operational Risk Requirement …….................................................................

  • A Participating Organisation must ensure that its Core Capital is at all times more than its Operational Risk Requirement.

  • External conflicts are conflicts that occur because of the influence of outside parties, both in the family environment, community environment, as well as the education or school environment.

  • Operational Risk Requirement calculated in accordance with Part IV of the MAS Notice; ii.

  • The Operational Risk Requirement for 2020is €258,000 (2019: €217,000).

Related to Operational Risk Requirement

  • PJM Region Reliability Requirement means, for purposes of the Base Residual Auction, the Forecast Pool Requirement multiplied by the Preliminary PJM Region Peak Load Forecast, less the sum of all Preliminary Unforced Capacity Obligations of FRR Entities in the PJM Region; and, for purposes of the Incremental Auctions, the Forecast Pool Requirement multiplied by the updated PJM Region Peak Load Forecast, less the sum of all updated Unforced Capacity Obligations of FRR Entities in the PJM Region.

  • MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be applicable to the Issuer;

  • health and safety specification means a site, activity or project specific document prepared by the client pertaining to all health and safety requirements related to construction work;

  • Pretreatment requirements means any substantive or procedural requirement related to pretreatment, other than a pretreatment standard, imposed on an industrial user.

  • Project Requirements means the statement included in the Request for Proposal detailing the technical and other requirements of Canada which are to be met by the successful Bidder, and which are to be addressed in the Bid;

  • Reporting Requirements As defined in Section 11.12.

  • Minimum Annual Resource Requirement means, for Delivery Years through May 31, 2017, the minimum amount of capacity that PJM will seek to procure from Annual Resources for the PJM Region and for each Locational Deliverability Area for which the Office of the Interconnection is required under Tariff, Attachment DD, section 5.10(a) to establish a separate VRR Curve for such Delivery Year. For the PJM Region, the Minimum Annual Resource Requirement shall be equal to the RTO Reliability Requirement minus [the Sub-Annual Resource Reliability Target for the RTO in Unforced Capacity]. For an LDA, the Minimum Annual Resource Requirement shall be equal to the LDA Reliability Requirement minus [the LDA CETL] minus [the Sub-Annual Resource Reliability Target for such LDA in Unforced Capacity]. The LDA CETL may be adjusted pro rata for the amount of load served under the FRR Alternative.

  • Technical Requirements means the Technical Requirements in Section VII of the tendering documents.