Bank Policy Institute
OCCRulemakingOCC-2011-0001

Incentive-Based Compensation Arrangements

RIN
Last modified
Jan 21, 2025
Comment window
closed 554d ago
Bank Policy Institute filings
1

Activity

Bank Policy Institute filed 1 comment on this docket between Jun 18, 2024 and Jun 18, 2024. 30 other organizations filed here. The comment window closed 554d ago.

Abstract

The OCC, Board, FDIC, FHFA, NCUA, and SEC (the Agencies) are seeking comment on a joint proposed rule (the proposed rule) to revise the proposed rule the Agencies published in the Federal Register on April 14, 2011, and to implement section 956 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). Section 956 generally requires that the Agencies jointly issue regulations or guidelines: (1) prohibiting incentive-based payment arrangements that the Agencies determine encourage inappropriate risks by certain financial institutions by providing excessive compensation or that could lead to material financial loss; and (2) requiring those financial institutions to disclose information concerning incentive-based compensation arrangements to the appropriate Federal regulator.

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Incentive-Based Compensation Arrangements (OCC) — Bank Policy Institute | OpenPolis