1557-AD39 201410 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 1557 Comptroller of the Currency OCC 1500 Department of the Treasury TREAS Incentive-Based Compensation Arrangements

Section 956 of the Dodd-Frank Act requires the banking agencies NCUA, SEC, and FHFA to jointly prescribe regulations or guidance prohibiting any type of incentive-based payment arrangement or any feature of any such arrangement that the regulators determine encourages inappropriate risks by covered financial institutions by providing an executive officer, employee, director, or principal shareholder with excessive compensation fees or benefits or that could lead to material financial loss to the covered financial institution. The Dodd-Frank Act also requires such agencies to jointly prescribe regulations or guidance requiring each covered financial institution to disclose to its regulator the structure of all incentive-based compensation arrangements offered by such institution sufficient to determine whether the compensation structure provides any officer, employee, director, or principal shareholder with excessive compensation or could lead to material financial loss to the institution. The agencies issued a proposed rule pursuant to these requirements.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Final Rule Stage No No 12 CFR 42 PL 111-203, sec 956 12 USC 5641 12 USC 1462a to 1464 12 USC 1467a 12 USC 5641 Statutory Final 04/21/2012 final rule Regulations or guidelines required nine months after the date of enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) (Pub. L. 111-203). No NPRM 04/14/2011 76 FR 21170 NPRM Comment Period End 05/31/2011 Final Rule 06/00/2015 No None No No No No 1550-AC49 Related to 1557-AD54 Related to Alison MacDonald Senior Counsel 1557 Comptroller of the Currency OCC 202 649-7314 alison.macdonald@occ.treas.gov Chief Counsel's Office, 400 7th Street SW, Washington DC 20219 Heidi Thomas M. Senior Counsel 1557 Comptroller of the Currency OCC 202 649-5490 heidi.thomas@occ.treas.gov Chief Counsel's Office, 400 7th Street SW, Washington DC 20219