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Federal Bank Regulators Propose Rule to Make Incentive-Based Pay Risk-Sensitive
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Federal Bank Regulators Propose Rule to Make Incentive-Based Pay Risk-Sensitive
May 6, 2024 11:16 AM

01:46 PM EDT, 05/06/2024 (MT Newswires) -- The Federal Deposit Insurance Corp., the Office of the Comptroller of the Currency and the Federal Housing Finance Agency issued a proposed rule Monday that would prohibit incentive-based compensation arrangements that do not include risk adjustment of awards, deferral of payments and forfeiture and clawback provisions, according to an FDIC press release.

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