Regulation W

Regulation W is an elearning course that gives you the basics on how this banking regulation works, and which institutions are covered. Regulation W establishes quantitative limits and other requirements for loans, purchases of assets, and other transactions between financial institutions and their affiliates. In this course, we’ll define two key terms you’ll need to know in order to comply with Regulation W: affiliate transaction and covered transaction. We’ll also discuss how to determine when Regulation W applies, and we’ll break down the two key sections to the regulation: sections 23A and 23B. Lastly, we’ll touch on the applicability of Regulation W on foreign banks and go over amendments made through the Dodd-Frank Act.

Part of the series about the Financial Reserve’s Regulations, this course consists of a video followed by a quick multiple-choice quiz that will test your comprehension. A downloadable reference document is also included for an easy review of key information from the lesson.