Banking Agencies Extend No-Action Relief On Loans To Insiders
Published:
Dec 31, 2021
The Federal Reserve Board, the FDIC and the OCC (collectively, the "agencies") extended previously issued no-action relief to asset managers and other institutions from certain regulations that limit extensions of credit to "insiders." Regulation O ("Loans to Executive Officers, Directors, and Principal Shareholders of Member Banks") establishes quantitative limits and qualitative restrictions on...
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