# 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 124

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

‘ Recovery ’ means an independent occurrence related to the original operational risk loss that is separate in time, in which funds or inflows of economic benefits are received from first or third parties, such as insurers or other parties. Recoveries are broken down into recoveries from insurance and other risk transfer mechanisms and direct recoveries.

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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/124 (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-124
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.