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Loans to Executive Officers: Regulation O

Course Description

Regulation O governs the extension of credit to insiders, and requires that credit to insiders be no more favorable to insiders than to other borrowers, and limits the total amount of credit that may be extended to insiders. This course reviews Regulation O basic requirements, including definitions of an insider, the rules concerning extensions of credit, and the civil penalties for violations. It also provides guidance on the general prohibitions of extending credit to insiders, including individual and aggregate lending limits. Finally, the course addresses recordkeeping and reporting requirements.
60 Minutes
Series: Lending Compliance for Banks
Roles: Commercial, Compliance - Internal Audit, Mortgage Professionals, Operations & IT, Retail
Accreditation: CRCM
Course Format: Online Self-Paced
Package: Breakthrough, Expansion

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