Reg O and W: Dealing with Insiders
- Reg O: Who are the bank’s insiders? Detailed definitions
- Handling the holding company and affiliate insiders
- What is an “extension of credit” covered by Reg O?
- “General” restrictions that apply to all insiders
- More specific restrictions that apply to a smaller group of insiders
- Recordkeeping and recommendations
- Reg W: Who are the bank’s affiliates? Who is not?
- What is a “covered transaction”?
- Attribution and combination rules
- Limitations on these types of transactions
- Collateral restrictions
- Prohibitions against low-quality assets
- The “arms-length” rule