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| NCUA | RIN: 3133-AE48 | Publication ID: Fall 2015 |
| Title: Incentive-Based Compensation Arrangements | |
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Abstract:
NCUA, along with other financial regulators, is proposing a joint rule to implement section 956 of the Dodd-Frank Act. Section 956 requires the regulators to prohibit 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. This is a revised version of a proposal previously issued by the regulators. |
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| 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. 5641 12 U.S.C. 1751 et seq. | |
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Legal Deadline:
None |
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Timetable:
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| 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/Legal/Regs/Pages/PropRegs.aspx | |
| RIN Data Printed in the FR: No | |
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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 |
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