Eligible operational risk offsets
Eligible operational risk offsets means amounts, not to exceed expected operational loss, that:
(1) Are generated by internal business practices to absorb highly predictable and reasonably stable operational losses, including reserves calculated consistent with GAAP; and
(2) Are available to cover expected operational losses with a high degree of certainty over a one-year horizon.
Source
12 CFR § 217.101
Scoping language
Terms that are set forth in 217.2 and used in this subpart have the definitions assigned thereto in 217.2.