Reserve Requirements for Depository Institutions Act (Reg D) for Compliance Professionals
Course Number: ABA
Course Code: ABA
Reviews the fundamental requirements of Regulation D and the types of accounts defined in the regulation, as well as the limits on transfer activity from savings and money market deposit accounts.
After completing this course, students will be able to:
-Describe the purpose of Regulation D
-Identify the key Regulation D requirements for transaction accounts
-Explain the restrictions on savings accounts
-Describe the requirements and withdrawal penalties for time deposits
Audience: Compliance and risk management professionals including compliance managers, officers, and other team members whose primary role is within the compliance function at their financial institution; bank examiners, bank regulators, and auditors.