AIMA

Under the Dodd-Frank Act, rules must be adopted prohibiting incentive-based payment arrangements, or any feature of any such arrangement, that encourages inappropriate risks by a financial institution by providing excessive compensation or that could lead to material financial loss. The proposed rules also include requirements for certain financial institutions to report annually to regulators and to maintain written compensation policies and procedures.

Consultation documents

Proposed Rule on Incentive-Based Compensation (April 2011)

AIMA documents

Response to SEC and FRB consultation on Incentive-Based Compensation (June 2011)