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

NCUA, the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, the Board of Governors of the Federal Reserve System, and the Securities and Exchange Commission have proposed a joint rule to implement section 956 of the Dodd-Frank Act.  Section 956 requires the regulators to issue regulations or guidelines prohibiting 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.  The agencies are working toward finalizing the proposal.

 
Agency: National Credit Union Administration(NCUA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: uncollected 
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  06/10/2016  81 FR 37670   
NPRM Comment Period End  07/22/2016 
Final Action  01/00/2017 
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