Regulatory Alerts2026-08-04 | 2026-15777Added
Loans to Executive Officers, Directors, and Principal Shareholders of Member Banks; Bank Holding Companies
The Board of Governors of the Federal Reserve System proposes amendments to Regulation O to update and modernize rules governing loans by member banks to insiders and their affiliates. The proposal increases outdated dollar-based thresholds, such as raising the board approval limit from $500,000 to $2 million and the credit card debt exemption from $15,000 to $60,000, while indexing these limits to nominal GDP. It also incorporates existing statutory requirements and interpretations, addresses lending to companies controlled by large asset management companies through passive investment funds, and reorganizes the regulation to streamline the text.
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