Guidance to completing the Operational Risk module of BSL/2

This module relates to reporting operational risk by banks licensed under the Nevis International Banking Ordinance, 2014 and incorporated under the Companies Ordinance under the Operational Risk module of the BSL/2 return. “Basel II” is the revised international capital framework set out by the Basel Committee on Banking Supervision in its paper “International Convergence of Capital Measurement and Capital Standards: A Revised Framework – Comprehensive Version”, published in June 2006 (“ the Basel II document”).