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NCUA RIN: 3133-AE48 Publication ID: Fall 2023 
Title: Incentive-Based Compensation Arrangements 

The National Credit Union Administration, Comptroller of the Currency, Federal Deposit Insurance Corporation, Federal Housing Finance Agency, Board of Governors of the Federal Reserve System, and Securities and Exchange Commission proposed but did not finalize a joint rule to implement section 956 of the Dodd-Frank Act in 2011 and 2016. 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.  The regulators continue to coordinate on this issue and intend to issue a third proposed rule.

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:
Action Source Description Date
Other  Statutory  Deadline Not Later Than Nine Months After July 21, 2010  04/21/2011 

Overall Description of Deadline: 12 U.S.C. 5641(b) prescribes a deadline of not later than nine months after July 21, 2010.

Action Date FR Cite
NPRM  04/14/2011  76 FR 21169   
NPRM Comment Period End  05/31/2011 
Second NPRM  06/10/2016  81 FR 37669   
NPRM Comment Period End  07/22/2016 
Third NPRM  12/00/2023 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL:  
RIN Data Printed in the FR: No 
Related Agencies: Joint: TREAS/OCC, FDIC, FHFA, FRS, SEC; 
Agency Contact:
Ariel Pereira
Senior Staff Attorney
National Credit Union Administration
1775 Duke Street,
Alexandria, VA 22314
Phone:703 548-2778
Fax:703 518-6569