FDIC shows hand on remuneration rules

Mark Sands
10 Feb 2011

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

US regulators have taken the first steps to building new rules on remuneration, which Deloitte says will result in dramatic changes.

The Federal Deposit Insurance Corporation (FDIC), in congress with five other US regulators, has approved a joint rulemaking on the remuneration schemes of banks, credit unions and broker dealers in the US.

Under the proposed rules, “designated executives” at banks with assets of more than $50 billion will be required to defer at least 50% of incentive-based

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]