View Rule
View EO 12866 Meetings | Printer-Friendly Version Download RIN Data in XML |
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:
|
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 |