# Commission Delegated Regulation (EU) No 529/2014 of 12 March 2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for assessing the materiality of extensions and changes of the Internal Ratings Based Approach and the Advanced Measurement Approach (Text with EEA relevance), Division 3: Changes to the procedures relating to internal and external data, scenario analysis and business environment and internal control factors where they:

Extent: E+W+S+N.I.

(a) reduce the level of controls regarding the completeness and quality of operational risk data collected according to Article 322(3) and (4) of Regulation (EU) No 575/2013;
(b) change the external data sources to be used within the measurement system according to Article 322(4) and 322(5) of Regulation (EU) No 575/2013 unless the data are comparable and representative for the operational risk profile.

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Source: https://www.legislation.gov.uk/eur/2014/529/annex/II/part/II/section/1/division/3 (the official version)
Page: https://openlegislation.uk/eu-regulation-2014-529/annex-II/part-II/section-1/division-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

