On the horizon for compensation committees are changes in the nature of compliance. Which of the following topics is not a compliance topic on the committee's horizon?

The topic of incentive metrics is not typically classified as a compliance issue for compensation committees. Instead, it falls more under the realm of compensation strategy and performance evaluation. Compensation committees are primarily focused on establishing metrics that drive the desired behaviors and outcomes for executive performance, which are closely tied to the company's goals and strategy.

In contrast, executive pay ratios represent compliance with regulations that require transparency regarding how CEO pay compares to the median employee pay. Performance-based compensation is also linked closely to regulations that govern how compensation must align with performance to avoid excessive risk-taking and align with shareholder interests. Regulatory reporting requirements are fundamental compliance issues that ensure that organizations meet legal obligations regarding disclosures about compensation practices.

Therefore, while incentive metrics are essential for driving executive performance, they do not directly pertain to compliance in the same way that the other options do, making it the correct choice in this context.