Loans to Insiders (Reg O) for Compliance Professionals
Course Number: REGO1
Course Code: ABA 318
Obtain a strong knowledge of Regulation O, which governs loans that a bank makes to its insiders (i.e., executive officers, directors, principal shareholders and their related interests). Learn who the regulation applies to, the manner in which its provisions apply to various insiders, and the records that must be maintained.
After completing this course, students will be able to:
– Identify parties and transactions covered under Regulation O
– Describe basic restrictions and limitations under Regulation O
– Explain the reporting and recordkeeping requirements of Regulation O
ABA Diplomas/Certificates: This course applies to the ABA Certificate in Lending Compliance.
Audience: Compliance professionals including compliance managers, officers, and other compliance team members whose primary role is within the compliance function at their financial institution; bank examiners, bank regulators, auditors and lending compliance professionals