Term

Definition

Letter: A

AMA permission

an Article 129 implementing measure, a requirement or a waiver that requires a BIPRU firm ora CAD investment firm to use theadvanced measurement approach to operational risk on a solo basis or, if the context requires, a consolidated basis.

Article 129 permission

a permission of the type referred to in Article 129(2) of the Banking Consolidation Directive (permission to apply the IRB approach, the AMA approach or the CCR internal model method on a consolidated basis) or Article 37(2) of the Capital Adequacy Directive (permission to apply the VaR model approach on a consolidated basis) excluding an Article 129 implementing measure.