OMB control number
Interagency Guidance on Sound Incentive Compensation Policies
OMB 3064-0175 · FDIC.
OMB 3064-0175
Incentive compensation practices in the financial services industry contributed to the financial crisis that began in 2007. Bank employees too often were rewarded for increasing short-term revenue or profit without adequate regard to the risks taken to achieve those results. These practices exacerbated the risks and losses at a number of banking organizations and resulted in the misalignment of the interests of employees with the long-term safety and soundness of their organizations. The Federal banking agencies, including the FDIC, have concluded that it is appropriate and urgent that incentive compensation practices be brought under control through issuance of this guidance.
The latest form for Interagency Guidance on Sound Incentive Compensation Policies expires 2026-10-31 and is listed under ICR 202307-3064-004.
Latest Forms, Documents, and Supporting Material
| Document | Type |
|---|---|
 SPST 0175 Guidance on Sound Incentive Compensation Policies Extension 2023.docx | Supporting Statement A |
 FR2-0175 Interagency Guidance Sound Incentive Compensation Policies 88 FR 28549 May 4 2023.pdf | Supplementary Document |
| FR1-0175 Incentive Compensation Policies 88 FR 13117 March 2 2023.pdf | Supplementary Document |
 Annual Maintenance of Policies and Procedures (Ongoing) |
Other-Guidance |
| Document policies and procedures (Implementation) |
Other-Guidance |
All Historical Document Collections
| Reference | Filing | Received | Concluded | Action |
|---|---|---|---|---|
| 202307-3064-004 | Extension without change of a currently approved collection | 2023-07-17 | Approved without change | |
| 202003-3064-006 | Revision of a currently approved collection | 2020-05-27 | Approved without change | |
| 201703-3064-005 | Extension without change of a currently approved collection | 2017-04-25 | Approved without change | |
| 201309-3064-005 | Extension without change of a currently approved collection | 2014-01-28 | Approved without change | |
| 201007-3064-001 | Extension without change of a currently approved collection | 2010-12-23 | Approved without change | |
| 201006-3064-001 | New collection (Request for a new OMB Control Number) | 2010-06-21 | Approved without change |
OMB Details
Document policies and procedures (Implementation)
Federal Enterprise Architecture: Economic Development - Financial Sector Oversight