Loans to Insiders (Reg O) for Compliance Professionals
Course Number: ABA
Course Code: ABA
Provides a way to 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). Describes who the regulation applies to, the manner in which its provisions apply to various insiders, and the records that must be maintained.
Reviewed: November 2018 (no changes necessary)
Re-versioned: June 2016
What You’ll Learn
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
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.