Federal Register - OCC Guidance

Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Guidance on Sound Incentive Compensation Policies

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AI Summary

- OCC invites comment on the renewal of an information collection titled 'Guidance on Sound Incentive Compensation Policies'. - The collection has been submitted to OMB for review.

Texas Relevance

The article does not explicitly mention Texas, TX, TCUD, or any Texas-specific entities. It is a general federal guidance applicable to all credit unions.

Original Content

The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning the renewal of its information collection titled, "Guidance on Sound Incentive Compensation Policies." The OCC also is giving notice that it has sent the collection to OMB for review.