PET - Plain English Taxonomy

Attribute: CS13352
Concept:
Label: Total Gross Loss Amount
Concept Guidance:
This is the value of the gross loss (prior to any recoveries) discovered during the relevant period. Report only those losses that are treated as operational risk losses, as determined in accordance with relevant prudential standards.For entities with foreign operations, report only the loss events exceeding the equivalent global reporting threshold after currency conversions.For the purposes of this item, report both open and closed events. Open events are those events that have been identified but may not yet have been finalised. For open loss events, report the best estimate of the loss, as at the time of reporting.Operational risk represents the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events. This includes legal risk, but excludes strategic and reputational risks. 
Dimensions
Dimension Member Description
This dimension is used to categorise information reported according to specified business lines.
(InternalFraud)
This dimension is used to categorise information reported according to the event in which it relates.
The reported information is due to the occurrence of internal fraud.Internal fraud represents an act of a type intended to defraud, misappropriate property or circumvent regulations, the law or company policy, excluding diversity/discrimination events, which involves at least one internal party.Internal fraud includes the following: - unauthorised activity, including transactions not reported (intentional), transaction type unauthorised, mismarking of position (intentional) - theft and fraud, including fraud/credit fraud/worthless deposits, theft/extortion/embezzlement/robbery, misappropriation of assets, malicious destruction of assets, forgery, cheque kiting, smuggling, account take-over/impersonation, tax non-compliance/evasion (intentional), bribes/kickbacks, insider trading.