
Central Bank of Africa
Calculation of Capital Requirement for Operational Risk for Non-interest Financial Institutions in Nigeria
- Author
- Central Bank of Africa
- Pages
- 16 pages
This guidance establishes requirements for non-interest financial institutions in Nigeria to calculate capital charges for operational risk using the Basic Indicator Approach or Standardized Approach. It also sets expectations for operational risk governance, Shari’ah compliance oversight, business continuity, risk data collection and storage, business-line mapping,…