Seat Time: 0.25hrs - Desc:

This course will introduce the learner to the provisions of Regulation K, which governs international banking operations. The course will provide the learner with an overview of different corporations affected by the Regulation. After completing the program, the learner will understand:

• Which international banking operations are covered under Regulation K.
• Definition of "edge corporations" and "international corporations,"
• Relationship of Regulation K to foreign banks.

Seat Time: 0.25hrs - Desc:

This course will introduce the learner to Regulation L and its relationship to bank management. The learner will be instructed on the rules and restrictions for management officials and if they can serve as management officials at other financial institutions. After completing this program, the learner will understand:

• Restrictions on simultaneous management.
• Exceptions to Regulation L.
• Examples of depository organizations that will allow for simultaneous management.

Seat Time: 0.25hrs - Desc:

This course will introduce the learner to Regulation M, otherwise known as the Consumer Leasing Act. The learner will be instructed on the definition of leasing language, specifically "lease," "consumer lease," "lessee," "lessor," and more. After completing this program, the learner will understand:

• Basic definitions of leasing language.
• Requirements with disclosure forms and disclosure content.
• When leases can be renegotiated and extended.

Seat Time: 0.25hrs - Desc:

This course will introduce the learner to Regulation N, which is internal to the Federal Reserve System and applies to foreign banking. The learner will be provided with an overview of the purpose of Regulation N. After completing this program, the learner will understand:

• Restrictions established under Regulation N.
• When Regulation N requirements apply.
• Regulation N permissions.

This course will introduce the learner to Regulation O by explaining its purpose: to limit the amount of credit that a lending institution may extend to its insiders. The course will also familiarize the learner with the concept of insiders and how and why restrictions exist in regard to their role at the institution. After completing this course, the learner will understand:

• Who is considered an insider.
• The various restrictions on loans to executive officers.
• The penalties that institutions may face for violating Regulation O.

Seat Time: 0.25hrs - Desc:

This course will describe Regulation YY, which implements the Enhanced Prudential Standards and early remediation requirements mandated by Section 165 of the Dodd-Frank Act. This course will further explore the final enhanced prudential rule, capital requirements, and stress testing requirements. Upon completion of this course, the learner will understand:

• The repercussions for FBOs of failing to meet capital adequacy standards
• The FBO stress testing requirements mandated by the FRB
• The changes implemented by the Final Enhanced Prudential Rule

This course will introduce the learner to the Community Reinvestment Act (CRA) by detailing the requirements of the Act. The learner will also understand the requirements of Regulation G and the necessity of record retention and performance tests. After completing this program, the learner will be able to:

• Understand the record-retention requirements and performance tests that institutions must undergo.
• Describe the Act’s purpose, disclosures, and the necessity of compliance.
• Understand the effect of the CRA record on applications.

This course will emphasize the importance of regulations passed by the Consumer Financial Protection Bureau (CFPB) by providing the learner with details on the implementation of new rules. Additionally, the learner will be able to prepare his/her institution for CFPB rule compliance. Upon completion of this course, the learner will understand:

• The Ability to Pay/Qualified Mortgage Rule
• The ECOA Valuations Rule
• The TILA Higher-Price Mortgage Loan Appraisal and Escrow Rules
• The HOEPA Rule and Loan Origination Compensation