Regulation W - Transactions with Affiliates

Presented by:
Jack Holzknecht

WHAT?
Most financial institutions have one or more affiliates and both the number of affiliates and the complexity of the relationships between the affiliates are increasing over time. Regulation W was published in 2003. It implements long standing provisions of Sections 23A and 23B of the Federal Reserve Act that regulate transactions with affiliates. This two-hour program explains the basic requirements of Regulation W.

WHY?
Transactions subject to Regulation W are subject to quantitative limits, collateral requirements and various other requirements. A transaction must be identified early enough to assure that it is structured to assure compliance. Failure to comply can lead to penalties. Transactions may have to be undone or restructured to assure compliance with the regulation. Participants receive a detailed manual that serves as a handbook long after the program is completed

PROGRAM CONTENT
This two-hour webinar reviews the requirements of Regulation W including:

• Who is and who is not an "Affiliate;"
• What transactions are covered by and what transactions are exempt from Regulation W;
• What are the limits on affiliate transactions; and
• What other requirements apply to affiliate transactions.

WHO?
The program is designed for loan department management, compliance officers, and auditors. Whether you are new to the requirements of Regulation W or a seasoned veteran, this program provides the basic tools needed to understand and comply with Regulation W.

VIEW A 10 MINUTE SAMPLE
(requires Windows Media Player and IE).

About the speaker:  Jack Holzknecht
Jack Holzknecht is a principal with Pegasus Educational Services, LLC, a training firm headquartered in Louisville, Kentucky. He is an experienced consultant who has provided training to thousands of bankers and examiners for 22 years. He has the ability to identify the key compliance issues from each regulation. Jack's career began in 1976 as a federal bank examiner. He later headed the form and software and education divisions of a regional consulting company. In that capacity he developed loan and deposit form systems and software. He also developed and presented training programs that were delivered to bankers in 43 states. Jack has been an instructor at compliance schools presented by the Georgia, Iowa, Kentucky, Pennsylvania, Nebraska, New York and Texas bankers associations. He developed and delivered compliance training for the FDIC and OTS for ten years. He is a Certified Regulatory Compliance Manager and a member of the National Speakers Association. He is also a "BOL Guru" and frequently answers compliance questions sent to "Bankers' Threads."

• Complete presentation (including slides and audio)
• Written Materials
• Follow-up Q & A

You have the right under this license agreement for this CD-ROM to use this presentation on a single-workstation. Use on a network is in violation of the copyright agreements. CD may be used by multiple users at a given institution but may not be placed on a network or in any other multi-user environment.