This Webinar will provide a comprehensive discussion of the rules under Regulations O and W and other laws governing loans to executive officers, directors, and principal shareholders of financial institutions and their related interests, as well as affiliate transactions. The program will cover the following topics:
• The parties covered by the rules
• Covered extensions of credit
• General requirements and prohibition, including:
• Terms and creditworthiness
• Prior approval
• Special lending limits
• Loans to insiders of affiliates
• Overdrafts of insiders
• Loans to credit union officials
• Additional restrictions on loans to executive officers
• Transactions with affiliates
We will also discuss related issues regarding the indebtedness of executive officers and directors of regulated companies, such as bank holding companies. Additionally, we will address restrictions on loans to federal and state credit union officials and senior management. Don’t miss this important discussion of a hot topic in regulatory exams!
