Financial and capital market Commission, the provisions of regulations No 144 Riga 2 July 2012 (financial and capital market Commission Council meeting Protocol No 26 3. p.) The amendments "to the internal ratings based approach, advanced measurement approaches, methods and internal models of risk values for the use of the internal model of authorization rules ' Issued in accordance with the law of credit institutions article 50.8 sixth, eighth article 50.9 and the second paragraph of article 112.3 and financial instruments market law article 123.3 and 123.4 article sixth eighth draw financial and capital market Commission on May 2, 2007. regulatory provisions no 64" on the internal ratings based approach , developed approaches to measuring the internal model method and value at risk using the internal model of authorization rules "(hereinafter-the rules) the following amendments: 1. Put point 7 by the following:" 7. The authority which has received 1.1., 1.3., or permit referred to in paragraph 1.4, is obliged to inform the Commission of any significant changes in the information accompanying the application. " 2. Make paragraph 10 by the following: "10. the authority which has received 1.1., 1.3 or 1.4 points consents referred to at least once a year or after any significant changes to its internal models, restore the rule of the 3, 5 or 6, the information required in annex and shall be submitted to the Commission." 3. Supplement with 10.1, 10.2, 10.3 and 10.4 points as follows: "10.1 authority that received the permission referred to in point 1.2, you can take a 32.1 point internal model referred to in the expansion or substantial changes after authorization by the Commission, with or without additional conditions. Authorisation authority shall submit to the Commission the information referred to in paragraph 32.24. The authority planned the expansion of the internal model or material changes are made only after the Commission's authorisation. 10.2 the authority that received the authorization referred to in paragraph 1.2, you can take a 32.1 point internal model referred to significant changes at 32.25. submission of the information referred to in paragraph 1 to the Commission, and only if the Commission does not oppose the merits or does not believe that the planned changes referred to in paragraph 32.1 of similar internal model expansion or major changes. If the Commission finds that the proposed changes referred to in paragraph 32.1 of similar internal model expansion or significant change, the authority shall proceed according to point 10.1. 10.3 the authority that received the authorization referred to in paragraph 1.2., at least once a year to report to the Commission about 32.1 points in the tail of the internal model changes, unless the authority has not provided information in accordance with paragraph 10.2, 10.1, or including 32.1 point made minor changes. 10.4 the authority that has received the authorization referred to in paragraph 1.2., at least once in the year shall restore the provision in annex 4 the information requested unless it is already carried out in accordance with point 6.3, and submitted to the Commission. " 4. To supplement the provisions of the following paragraph 24.8.1: "changes to the internal model 24.8.1 classification and policy making in accordance with 32.1 32.2 points; and". 5. Supplement with 32.1 and 32.2 points as follows: "this rule 32.1 24.8.1 referred to the internal classification of the pattern and the pursuit of policy creation authority, assessing the possible changes of the internal models and their impact on the risk profile and capital requirements for operational risk, as well as taking into account the specific characteristics of the internal model set up, authorities, and business scope of environmental characteristics, classified the possible changes to the internal model into four categories – extension significant changes (significant changes), significant changes (major changes) and minor changes (minor changes), based on the following classification of possible changes: 32.11. the expansion of the internal model: 32.11.1. changes to operational risk measurement (detection) system – for the first time in the calculation of capital requirements using the option not to take account of expected losses (in accordance with the provisions of the MKP, paragraph 315), first using operational risk mitigation tools (such as insurance), the first time the capital requirements calculated in light of the benefits of diversification as well as the first time setting method (type), and the capital requirement calculated consolidation at group level, is allocated within the Group; 32.11.2. the application of the internal model (AMP application) to include ever expanding authority to departments or areas of activity, and in the case of a combination approach is applied in accordance with the provisions of 290.2.3-MKP 290.2.5. above, the approach used, the scope of which have a material impact on the risk profile of the institution, unless the extension of the internal model if not for the AMP in the implementation plan; 32.12. the internal model is considered a significant change: 32.12.1. significant changes to the internal model used, the structure of the data (for example, first-time new external data source that has not been previously provided); 32.12.2. significant changes in operational risk measurement approach (for example, so far used basic data-based approach to the change of approach based on scenario analysis, and vice versa, significant changes to the four elements: internal data, external data, the data for the scenario analysis and data for the indicator, which reflects the business environment and internal control (in accordance with the provisions of title II of the MKP Chapter 4, part 5), use (specific gravity), or weighing the grounds for this element , significant changes in the internal model assumptions and parameters selection); 32.12.3. changes in method, as capital is allocated within the Group; 32.12.4. significant changes in operational risk management organization, which might affect its independence; 32.13. the internal model is considered a significant change: 32.13.1. changes (procedures), which defines the internal operational loss data collection, analysis and scenarios that reflect the specificity of the environment the Authority's business and internal control; 32.13.2. changes in measuring operational risk, change its underlying logic, methods or group structure (for example, the internal model used, the historical observation period of data changes or changes in the criteria already approved or methods used in the expected loss or correlation assumptions as well as changes in methods, used to mitigate operational risk); 32.13.3. significant changes in the AMP (implementation) used information technology systems, as well as information technology systems, which provides for the provision of the necessary data and the collection, processing and compilation of the corresponding reports creation; 32.13.4. methods used by the authority for the use of internal models effectiveness checks and changes; 32.13.5. internal model changes, which significantly affects the operational risk capital requirements; 32.14. the internal model for minor changes to consider other changes to the internal model, which does not comply with the above listed no individual nor in context with other changes, which are classified in accordance with paragraph 32.13 32.11. –, as well as assessing the context if changes or changes that are planned. 32.2 the internal classification of the pattern and the pursuit of the policy include: 32.21. internal classification of the pattern of four categories according to 32.1 points; 32.22. criteria and procedures for the internal model for the classification of changes, taking into account the specific nature of the internal model set up, which provides that: 32.22.1. planned changes are evaluated, taking into account their overall impact on the risk profile of the institution and the capital requirements for operational risk, as well as assessing the context if changes or changes that are being made or plans to make; 32.22.2. If the evaluation of the planned changes, the quantitative impact on capital requirements for operational risk and the qualitative impact assessment differs, the authority planned changes are classified according to the estimate with greater impact; 32.23. the order in which the authority provides independent evaluator's report (evaluation) for the planned expansion of the internal model or material changes; 32.24. development of documentation related to the extension of the internal model or material changes and provides for the Commission to permit the extension of the internal model or material changes are submitted documents showing that after the planned expansion or substantial changes comply with the provisions of the MKP and Chapter 4 of part 5 of the requirements, including at least: 32.24.1. planned expansion or substantial changes; 32.24.2. with the planned expansion or substantial modification of the objectives to be achieved and the reasons for them, as well as the expected impact on the capital requirements for operational risk; 32.24.3. the independent evaluator's report on planned expansion or substantial changes; 32.24.4. updated rules, the information required in annex 4; 32.25. development of documentation related to the significant changes and provide that authority before the planned major changes shall submit to the Commission information on planned significant changes, as well as documents describing the nature of the planned changes, reasons and effects on the capital requirements for operational risk; 32.26. development of minor documentation changes for the performance and evaluation and the obligation in accordance with 10.3 points to submit to the Commission information on tail made changes. " 6. Make the informative reference to European Union directives as follows: "Informative reference to European Union directives and other international documents the rules included provisions resulting from: 1) of the European Parliament and of the Council of 14 June 2006 on the directive 2006/48/EC relating to the taking up and pursuit of the business of credit institutions (recast);
2) of the European Parliament and of the Council of 14 June 2006, Directive 2006/49/EC on the capital adequacy of investment firms and credit institutions; 3) the European banking authority of 6 January 2012, the "guidelines for the development of measurement approach (internal model) use for expansion and changes" (EBA guidelines on Advanced measurement Approach (AMA)-extensions and changes (for GL45)). " Transitional provision the authority up to the entry into force of the amendments has not been granted provision permits referred to in point 1.2, but has submitted the application of the provisions referred to in paragraph 1.2 authorization, within three months from the date of entry into force of the amendments shall be submitted to the Commission for the internal model of classification changes and the pursuit of the policy established in accordance with rule 32.1 and 32.2 points, if the pattern classification and policy making will not be submitted together with the application of the provisions referred to in paragraph 1.2 authorization or in breach of rule 32.1 and 32.2 the requirements of paragraph 1. Financial and capital market Commission President k. Zakuli States