Regulatory Alerts2024-02-27
Communications - Remuneration Systems - Data Collection at Banks and SIMs
The Bank of Italy issued a communication regarding data collection on remuneration trends for supervisory purposes at banks and investment firms. In accordance with ECB Decision 2024/461, the submission deadline for significant banking groups with assets up to 40 billion euros and certain EU subsidiaries is advanced from August 31 to June 15. This adjustment applies to entities included in the sample selected by their respective supervisory authorities under the ECB Regulation on the Supervisory Reporting Framework.
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