Eligible operational risk offsets
Eligible operational risk offsets means amounts, not to exceed expected operational loss, that:
(i) Are generated by internal business practices to absorb highly predictable and reasonably stable operational losses, including reserves calculated consistent with GAAP; and
(ii) Are available to cover expected operational losses with a high degree of certainty over a one-year horizon.
12 CFR § 1240.101
Terms that are set forth in 1240.2 and used in this subpart have the definitions assigned thereto in 1240.2.