Qliro Groups subsidiary Qliro AB has received approval to change method for calculating the capital requirement for operational risk
Press release, Stockholm, 29 April 2020The Swedish Financial Supervisory Authority has approved Qliro Groups subsidiary’s ABs application to use the so called alternative standardized method to calculate the capital requirement for operational risks. The approval strengthens Qliro ABs capital position. If the alternative method would have been used, as of 31 March 2020, the buffert towards the capital requirement would have increased to approximately SEK 120 million (previously approximately SEK 80 million), giving increased opportunities for continued growth. If the alternative