# Commission Implementing Regulation (EU) No 680/2014 of 16 April 2014 laying down implementing technical standards with regard to supervisory reporting of institutions according to Regulation (EU) No 575/2013 of the European Parliament and of the Council (Text with EEA relevance), Division 123

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

‘ Gross loss ’ means a loss – as referred to in point (b) of Article 322(3) CRR – stemming from an operational risk event or loss event type before recoveries of any kind, without prejudice to ‘ rapidly recovered loss events ’ as defined below.

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Source: https://www.legislation.gov.uk/eur/2014/680/annex/II/part/2/division/4/division/4.2/division/4.2.1/division/123 (the official version)
Page: https://openlegislation.uk/eu-regulation-2014-680/annex-II/part-2/division-4/division-4.2/division-4.2.1/division-123
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.