Regulation O, or Loans to Executive Officers, Directors, and Principal Shareholders of Member Banks, was implemented to eliminate abuse by insiders of a financial institution. The penalties imposed by the regulations are substantial. The rules are complex and require a thorough understanding to enable institutions to properly manage their insider transaction compliance program. Management an applicable employees, including the entire board of directors must understand the circumstances that could appear to be inappropriate and must have a strong understanding of the reporting requirements. The compliance program requires a comprehensive reporting process in addition to strict guidelines for providing deposit and credit services to insiders of the financial institution. Come and strengthen your understanding and your tools to ensure that your organization is in compliance. Policy samples, annual recordkeeping program templates, and checklists to assist you in preparing your insiders will be just the "prescription" for your insider compliance program.

Half Day Session