Version in force , Modified +63 −47§
Amended by Regulation (EU) 2019/2033 32019R2033 on EUR-Lex (external, EUR-Lex) · Regulation (EU) 2019/876 32019R0876 on EUR-Lex (external, EUR-Lex) · Regulation (EU) 2021/558 32021R0558 on EUR-Lex (external, EUR-Lex) · Regulation (EU) 2020/873 32020R0873 on EUR-Lex (external, EUR-Lex)
Not in every listWhat this means
Found in the text, but not every source lists it — the text comparison found this change; the EU's own amendment metadata does not list it. The source that does not name it is the EU's own amendment metadata. Both are shown; neither is overruled.
Explanation, written by a model and checked against the cited text
The article's heading changed from describing the use of the Advanced Measurement Approaches to describing the disclosure of the use of the Advanced Measurement Approaches.
The operative sentence was reworded, replacing references to 'insurances' and 'this risk' with 'insurance' and 'that risk', and changing 'risk transfer mechanisms' to 'risk-transfer mechanisms' and 'mitigation of' to 'mitigating'.
Cited: Art. 454, v1 (external, EUR-Lex) · Art. 454, v2 (external, EUR-Lex)
v1 is the previous version, v2 this one.
Text from EUR-Lex, before and after
Previous version, in force 28 December 2020 02013R0575-20201228 → this version, in force 28 June 2021 02013R0575-20210629
Article 454
Use Disclosure of the use of the Advanced Measurement Approaches to operational risk
The institutions using the Advanced Measurement Approaches set out in Articles 321 to 324 for the calculation of their own funds requirements for operational risk shall disclose a description of the their use of insurances insurance and other risk transfer risk-transfer mechanisms for the purpose of mitigation of this mitigating that risk.