Regulatory Alerts2024-06-27
CSSF Circular 24/858 on EBA Guidelines for Benchmarking Diversity Practices and Gender Pay Gap
The Commission de Surveillance du Secteur Financier issued Circular 24/858 to implement the European Banking Authority's guidelines on benchmarking diversity practices. This circular mandates financial institutions to apply specific requirements regarding diversity policies and the gender pay gap under Directive 2013/36/EU and Directive (EU) 2019/2034. It establishes the regulatory framework for supervising and reporting on these diversity metrics within the Luxembourg financial sector.
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