Schedule A
Operational Risk (as set out in Regulation 25)
Table 25(B)
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Event-Type
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List of activities
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Internal fraud
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| • |
Losses due to acts of a type intended to defraud, misappropriate property or circumvent Regulations, the law or company policy, excluding diversity/discrimination events, which involves at least one internal party |
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External fraud
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| • |
Losses due to acts of a type intended to defraud, misappropriate property or circumvent the law, by a third party |
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Employment Practices and Workplace Safety
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| • |
Losses arising from acts inconsistent with employment, health or safety laws or agreements, from payment of personal injury claims, or from diversity/discrimination events |
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Clients, Products & Business Practices
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| • |
Losses arising from an unintentional or negligent failure to meet a professional obligation to specific clients (including fiduciary and suitability requirements), or from the nature or design of a product |
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Damage to Physical Assets
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| • |
Losses arising from loss or damage to physical assets from natural disaster or other events |
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Business disruption and system failures
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| • |
Losses arising from disruption of business or system failures |
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Execution, Delivery & Process Management
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| • |
Losses from failed transaction processing or process management, from relations with trade counterparties and vendors |
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Electronic Communications Act, 2005
