FDIC plans to continue proposals linking pay structures to banks’ deposit insurance
The Federal Deposit Insurance Corp says its plan to link banks’ compensation arrangements with premiums is “complementary” to supervisory guidance issued jointly by regulators
The Federal Deposit Insurance Corp (FDIC) is planning to go ahead with its proposal to link its assessment of incentive pay structures at banks with the size of premiums paid by institutions into its deposit insurance fund.
The regulator says its plans are "complementary" to final guidance on the supervision of compensation structures jointly issued on June 21 by the Federal Reserve, the Office of the Comptroller of the Currency (OCC), the Office of Thrift Supervision (OTS) and the FDIC.
"We
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