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TREAS/OCC RIN: 1557-AD39 Publication ID: Spring 2020 
Title: Incentive-Based Compensation Arrangements 

Section 956 of the Dodd-Frank Act requires the OCC, FRB, FDIC, 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 guidelines requiring each covered financial institution to disclose to its regulator the structure of all incentive-based compensation arrangements offered with sufficient information to allow the regulator to determine whether the compensation structure provides any executive officer, employee, director, or principal shareholder with excessive compensation or could lead to material financial loss to the institution.  The agencies plan to issue a final rule pursuant to these requirements.

Agency: Department of the Treasury(TREAS)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Long-Term Actions 
Major: Undetermined  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: 12 CFR 42   
Legal Authority: 12 U.S.C. 93a    12 U.S.C. 1818    12 U.S.C. 1462a to 1464    12 U.S.C. 1467a    12 U.S.C. 1831p-1    12 U.S.C. 5641   
Legal Deadline:
Action Source Description Date
Final  Statutory  Final rule  04/21/2012 

Overall Description of Deadline: Regulations or guidelines required 9 months after the date of enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) (Public Law 111-203).

Action Date FR Cite
NPRM  04/14/2011  76 FR 21170   
NPRM Comment Period End  05/31/2011    
Second NPRM  06/10/2016  81 FR 37669   
Second NPRM Comment Period End  07/22/2016 
Next Action Undetermined  To Be Determined 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL:   Public Comment URL:  
RIN Data Printed in the FR: No 
Related RINs: Related to 1550-AC49, Related to 1557-AD54 
Agency Contact:
Melissa Lisenbee
Department of the Treasury
Comptroller of the Currency
Chief Counsel's Office, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-7392