ADVANCED MODEL OF CALCULATION OF CAPITAL FOR OPERATIONAL RISK: TOP-DOWN APPROACH MODELO AVANZADO DE CÁLCULO DE CAPITAL POR RIESGO OPERACIONAL: ENFOQUE “TOP-DOWN” Estefanía González Carbonell Reception date: September 3rd 2020Acceptance date: November 24th, 2020 Abstract The Entities are exposed to disruptive events derived from operational risk. To provide coverage against this risk, an advanced model has been developed to quantify the Economic Capital required to cover losses...