Proposed Incentive-based Compensation Rule

Credit Union Regulatory Guidance Including: NCUA, CFPB, FDIC, OCC, FFIEC

NCUA's Proposed Incentive-based Compensation Rule

This episode, hosted by Samantha Shares, provides a detailed summary of the NCUA's proposed incentive-based compensation rule, which implements Section 956 of the Dodd-Frank Act. This regulation is designed to address flawed compensation practices contributing to the 2008 financial crisis, covering financial institutions with $1 billion or more in assets.

Introduction
Overview of the Proposed Rule
Scope of the Regulation
Tiered Structure and Definitions
Requirements for Covered Institutions
Additional Requirements for Level 1 and Level 2 Institutions
Regulatory Flexibility and International Context
Public Comments and Enforcement Provisions
Conclusion and Contact Information