Prohibited Transactions by Bank Directors, Officers, and Employees

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1. Which conduct is prohibited by RA 8791 Section 55.1(a) under its stated financial-interest or damage condition?
2. Section 55.1(c) prohibits accepting gifts, fees, commissions, or other remuneration in connection with what?
3. Which valuation conduct is prohibited by Section 55.1(d)?
4. A bank employee knowingly accepts a private commission connected with approval of the bank's credit accommodation. The …
5. An officer helps inflate the value of collateral specifically to influence the bank's lending action but does not perso…
6. A loan officer receives a payment from the successful borrower after approval, expressly as a reward for obtaining that…
7. A bank director deliberately inserts false entries in a report, thereby affecting financial interests as stipulated in …
8. State the personal coverage of Section 55.1 and explain why a non-director employee cannot claim blanket exemption.
9. Explain the prohibition on credit-approval remuneration and distinguish substance from a gift label.
10. Explain the collateral-overvaluation prohibition and the role of assistance by insiders.
11. Does RA 8791 Section 55.1’s express personal coverage include bank agents?
12. Under Section 55.3, may a government examiner assigned to supervise or examine a bank aid the prohibited acts merely be…