whose credit risk is significantly higher than country risk.

However, country risk is traditionally the most likely "uncontrollable".

The principal risks include strategic risk, insurance risk, financial risk and operational risk.

The third type of business risk is operational risk.

Conduct Risk has been the hot topic during the past few years and it's scope falls outside the traditional domains of risk like liquidity, market, credit and operational risk.

Conduct Risk has been the hot topic during the past few years and its scope falls outside the traditional domains of risk like liquidity, market, credit and operational risk.

Of which, the number of partial and of full internal models which scope includes credit risk in both market risk and counterparty default risk at solo level

Credit risk, liquidity risk, asset-backed risk, foreign investment risk, equity risk, and currency risk are all common forms of financial risk.

Of which, the number of partial and of full internal models which scope includes credit risk in both market risk and counterparty default risk at group level

The number of insurance and reinsurance undertakings using an approved internal model which scope includes credit risk in both market risk and counterparty default risk

EXPOSURES TO TRANSFERRED CREDIT RISK

Operational risk losses that are related to market risks shall be included in the scope of the capital requirement for operational risk.

Operational risk losses that are related to market risks shall be included in the scope of the capital requirement for operational risk.

An institution shall include operational risk losses that are related to market risks in the scope of the own funds requirement for operational risk