Insider Loans (Regulation O)

Regulation O (12 CFR 215) Extensions of Credit to Insiders and Transactions with Affiliates applies to banks that are members of the Federal Reserve System. It covers, among other types of insider loans, extensions of credit by a member bank to an executive officer, director, or principal shareholder of: the member bank; a bank holding company of which the member bank is a subsidiary; and any other subsidiary of that bank holding company.

References

OCC=Bulletin

Credit to Insiders, Affiliate Transactions—Final Rule (OCC 1996-59, October 1996), Final Rule (Federal Register, October 21, 1996)
Covers OCC’s revision of rules governing extensions of credit to national bank insiders and clarifies insider lending rules