Banking Law and Referrals

Explains the Interagency Consumer Protections in Sales of Insurance (ICP) rules on retail sales, solicitation, advertising, insurance products or annuities to consumers. Describes Regulation R that provides a framework for banks to refer customers to satisfy their banking demands. Describes the Loan Originator Compensation rules under Regulation Z that address limited circumstances under which a bank employee who is not a loan originator may make a referral

Reviewed: February 2017 (no updates)
Re-versioned: June 2016

Learning Objectives

After completing this course, students will be able to:

  • Explain the purpose of the Interagency Policy Statement and when it applies. 
  • Explain the Interagency Consumer Protections (ICP) rules impacting the referrals of customers for non-FDIC insured products.
  • Describe Regulation R exemptions that allow banks to pay bankers for referring customers.
  • Describe Regulation Z Loan Originator Compensation rules that specify the actions that only apply to loan originators.


Any bank personnel who make mortgage, investment, or insurance referrals to mortgage loan originators, or securities and/or insurance licensed persons or entities.

​Course Credits




​Questions? Please contact for more information.​

 Benefits of Self-Paced Training

  • Ultimate flexibility
  • Quizzes to support learning
  • Mobile format available

 Frontline Compliance

This course is available to ABA Member banks at no cost under a license agreement. Learn more

 Registration & Pricing


ABA Member • $95
Non-Member • $130


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