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NCUA RIN: 3133-AE48 Publication ID: Spring 2016 
Title: Incentive-Based Compensation Arrangements 
Abstract:

NCUA, Comptroller of the Currency, Federal Deposit Insurance Corporation, Federal Housing Finance Agency, Board of Governors of the Federal Reserve System, and the Securities and Exchange Commission will propose a joint rule to implement section 956 of the Dodd-Frank Act.  Section 956 requires the regulators to prohibit by regulation incentive-based compensation arrangements that the regulators determine encourage inappropriate risks and requires institutions to disclose information about the structure of their incentive-based compensation plans to the appropriate regulator. These requirements apply to credit unions with $1 billion or more in assets.

 
Agency: National Credit Union Administration(NCUA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 741    12 CFR 751   
Legal Authority: 12 U.S.C. 1751 et seq.    12 U.S.C. 5641   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  05/00/2016 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: www.ncua.gov/regulation-supervision/Pages/rules/proposed.aspx  
RIN Data Printed in the FR: No 
Related Agencies: Joint: TREAS/OCC, FDIC, FHFA, FRS, SEC; 
Agency Contact:
Elizabeth Wirick
Senior Staff Attorney
National Credit Union Administration
1775 Duke Street,
Alexandria, VA 22314
Phone:703 518-6540
Fax:703 518-6569
Email: ewirick@ncua.gov