Treasury Releases Additional Executive Compensation Guidance For TARP Capital Purchase Program.

Mondaq Business BriefingNbr. 2009, January 2009

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Troubled asset relief program

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Treasury Releases Additional Executive Compensation Guidance For TARP Capital Purchase Program.

Article by Eric Adams, Shannon Anglin , Terra K. Atkinson, David J. Bryant, David R. Dlugie, Steven Eckhaus, Hays Ellisen, Mark I. Fisher, Andrew L. Jagoda, Jeffrey Patt, Jeffrey M. Werthan, Robert J. Wild and Frank Zarb,

On January 16, the U.S. Treasury Department (UST) released an interim final Rule1 (Revised Rule) and FAQs2 to provide additional requirements and guidance for all institutions receiving TARP funds under the Capital Purchase Program (CPP). The Revised Rule requires new CEO certifications as to compliance with the executive compensati...

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