12 CFR Part 215

Reg O Compliance Execution for Neobanks

Regulation O governs extensions of credit to bank insiders. Canarie helps you execute Reg O compliance through automated workflows for insider identification, loan approvals, and limit monitoring. Specifically tailored for the compliance requirements of neobanks.

More for Neobanks

Key Requirements

1
Insider identification and tracking
2
Board approval requirements
3
Lending limit compliance
4
Terms comparable to non-insiders
5
Reporting requirements
6
Record retention

Neobanks Compliance Challenges

Meeting sponsor bank compliance requirements
Building compliance credibility
Scaling compliance with user growth
Preparing for potential direct regulation
Managing third-party risk

How Canarie Helps Neobanks

Automated Workflows

Recurring Reg O Compliance Execution tasks are scheduled, assigned, and tracked automatically.

Evidence Capture

Evidence is captured automatically as compliance work is completed.

Audit Trails

Complete audit trails show who did what, when, with immutable records.

Examiner-Ready Export

Export organized evidence packages in formats examiners expect.

Non-Compliance Risks

Civil money penalties
Removal of officers/directors
Cease and desist orders

Frequently Asked Questions

Automate Reg O Compliance Execution for Your Neobank

See how neobanks execute compliance with confidence.