This site uses cookies to improve your browsing experience, gather site analytics and activity, track shopping cart contents, and deliver relevant marketing information.
View our privacy policy and manage your settings here. By using our site you agree to these terms.

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

Updated: February 2018

What You'll Learn

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.

Audience​

​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 training@aba.com for more information.​
 

 Purchase

 

Free Frontline Compliance Training
Course available to ABA Member banks at no cost under a license agreement. Learn more

 

 Related Training