1. Section 6.11 of these Rules provides that an Authorised Person in Categories 1, 2, 3A and 5 must use the Basic Indicator Approach to calculate its Operational Risk Capital Requirement, unless the firm has approval from the Regulator to use the Standardised Approach or Alternative Standardised Approach. In this App6:

2. The application of various components of the rules on Operational Risk to Authorised Persons with a Financial Services Permission to carry out various Regulated Activities is detailed in the table below:

Regulated Activities	Prudential Category	Capital requirement	Systems and controls requirement	PII cover
Accepting Deposits	1	YES	YES	NO
Providing Credit	2	YES	YES	NO
Dealing in Investments as Principal (not as a Matched Principal)	2	YES	YES	NO
Dealing in Investments as Principal (only as a Matched Principal)	3A	YES	YES	NO
Dealing in Investments as Agent	3A	YES	YES	NO
Acting as the Trustee of an Investment Trust	3B	NO	YES	YES
Providing Custody	3B or 3C	NO	YES	YES
Providing Trust Services	3B	NO	YES	YES
Managing Assets	3C	NO	YES	YES
Managing a Collective Investment Fund	3C	NO	YES	YES
Managing a Profit Sharing Investment Account which is a PSIAr	3C	NO	YES	YES
Providing Money Services	3C	NO	YES	YES
Arranging Credit	4	NO	YES	YES
Arranging Deals in Investments	4	NO	YES	YES
Advising on Investments or Credit	4	NO	YES	YES
Arranging Custody	4	NO	YES	NO
Insurance Intermediation	4	NO	YES	YES
Insurance Management	4	NO	YES	YES
Acting as the Administrator of a Collective Investment Fund	4	NO	YES	YES
Administering a Specified Benchmark	4	NO	YES	YES
Operating a Credit Rating Agency	4	NO	YES	YES
Operating a Multilateral Trading Facility or Organised Trading Facility	4	NO	YES	YES
Operating a Representative Office	4	NO	YES	YES
Providing Information in Relation to a Specified Benchmark	4	NO	YES	YES
Islamic Financial Business	5	YES	YES	NO
Shari'a- compliant Regulated Activities	5	YES	YES	NO
Managing a Profit Sharing Investment Account which is a PSIAu	5 or 1	YES	YES	NO