Regulatory Alerts2023-05-26
Added · Updated
CSSF Circular 23/837: Application of EBA Guidelines on Data Collection for High Earners
The Commission de Surveillance du Secteur Financier (CSSF) issued Circular 23/837 to implement the European Banking Authority's Guidelines on data collection exercises regarding high earners. This circular mandates that supervised entities comply with the reporting requirements established under EBA/GL/2022/08 for Directive 2013/36/EU and Directive (EU) 2019/2034. Financial institutions must align their internal data collection and submission processes with these standardized regulatory frameworks to ensure consistent oversight of high earner remuneration.
Published on 26 May 2023
Email this
Share this on LinkedIn
Share this on Facebook
CSSF circular
Application of the Guidelines of the European Banking Authority (“EBA”) on the data collection exercises regarding high earners under Directive 2013/36/EU and under Directive (EU) 2019/2034 (EBA/GL/2022/08)
PDF (493.57Kb)
PDF (646.44Kb)