Seat Time: 0.25hrs
This course provides information about Regulation W, Transactions between Banks and Their Affiliates. This course will describe the provisions of sections 23A and 23B as well as the attribution rule and collateral requirements. Upon completion of this course, the learner will be able to:
- Understand the terms and guidelines for financial transactions between banks and affiliates.
- Abide by designated quantitate limits and collateral requirements.
- Help protect the bank from the misuse of its resources and potential losses.
T1. Regulation W: This topic will describe the tenets of Regulation W, including a look at what is determined to be an "affiliate", collateral requirements, the attribute rule, and other provisions of the regulation.