Regulatory Alerts2024-10-28
ACPR Compliance with EBA Guidelines on Diversity Practices Assessment (EBA/GL/2023/08)
The Prudential Control and Resolution Authority (ACPR) has declared compliance with the European Banking Authority's guidelines on diversity practices and gender pay gaps under EU directives 2013/36/EU and 2019/2031/EU, with the sole exception of reporting non-binary gender data due to its lack of recognition in French law. The ACPR expects relevant Class 1 bis and Class 2 credit institutions and investment firms to fully implement these guidelines, excluding the non-compliant provisions regarding non-binary categories. These guidelines entered into force on June 27, 2024, with the first data collection exercise scheduled for 2025 covering the 2024 fiscal year.
OPINION Compliance of the ACPR with the European Banking Authority (EBA) Guidelines on the comparative assessment of diversity practices, including diversity policies and the gender pay gap, under Directive 2013/36/EU and Directive 2019/2031/EU (EBA/GL/2023/08)
The Prudential Control and Resolution Authority (ACPR) has declared compliance with the European Banking Authority's guidelines on the comparative assessment of diversity practices, including diversity policies and the gender pay gap, under Directive 2013/36/EU and Directive 2019/2031/EU, with the exception of the provisions of these guidelines requiring the submission to the ACPR of information relating to "non-binary" gender, due to the absence of recognition of this category in French law.
The ACPR expects the Class 1 bis and Class 2 credit institutions and investment firms concerned by these guidelines to do everything in their power to comply with all their provisions, with the exception of those to which the ACPR has declared it does not intend to comply.
These "EBA/GL/2023/08" guidelines entered into force on June 27, 2024; the first data collection exercise covered by these guidelines will take place in 2025 on data relating to the 2024 fiscal year.