On June 5, 2015, the EBA published a final report, dated June 3, 2015, including final draft RTS on the criteria that national regulators must take into account before allowing firms to use the Advanced Measurement Approaches for calculating capital requirements for operational risk under the CRR. The draft RTS aim to encourage regulatory harmonization across the European Union and also detail the assessment methodology that is to be used by national regulators. The draft RTS cover: (i) the qualitative and quantitative criteria that firms must meet before they are granted permission to use AMA models; (ii) the criteria for the supervisory assessment of key methodological components of the operational risk measurement system; and (iii) the common standards for the supervisory assessment of a bank’s operational risk governance. 

The final draft RTS are available at: http://www.eba.europa.eu/documents/10180/1100516/EBA-RTS-2015- 02+RTS+on+AMA+assesment.pdf