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Understanding Insider Lending and Regulation O

presented by Lorman Education Services
View the Lorman Education Services Profile and Course Listings

Summary

Understanding Insider Lending and Regulation O

Workshop Description/Agenda

Benefits
Gain a better understanding of Regulation O and related compliance considerations. Lending to insiders can be a regulatory danger zone for bank officers and directors. While loans to bank insiders are not prohibited, they are tightly regulated and attract greater than normal regulatory attention, and not without good reason. Insider loan abuses historically have been a major reason for bank failures. This topic will review the rules applicable to loans to insiders as set forth in Sections 22(g) and 22(h) of the Federal Reserve Act (12 USC 375a and 375b) and its accompanying Regulation O of the Board of Governors of the Federal Reserve System (12 C.F.R. Part 215). The intent of the material is to provide you with a working understanding of Regulation O and related compliance considerations.

Agenda
Overview of Insider Relationships
• Federal Laws
• State Laws
• Other Restrictions

Regulation O and Federal Regulation of Insider Lending
• Regulation O – Terminology and Rules
• Recordkeeping and Reporting Requirements
• Violations

Regulatory Compliance
• Board Policies
• Code of Ethics
• Regulatory Hot-Buttons

Faculty
Robert M. Tammero, Jr. with K&L Gates LLP

Credits
CLE (Please check the Detailed Credit Information page for states that have already been approved) ,CPE ,Additional credit may be available upon request.

Who Should Attend

This live audio conference is designed for presidents, vice presidents, branch managers, loan officers, compliance officers, loan department personnel, accountants, controllers, CFOs, credit and collection managers, and attorneys.

Additional Information

Training Provider: Lorman Education Services

Course Topics: Law Training > Banking

Training Course Summary: Understanding Insider Lending and Regulation O


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