Regulatory Alerts2023-05-26
Added · Updated
CSSF Circular 23/838 on EBA Guidelines for Remuneration Benchmarking and Gender Pay Gap
The Commission de Surveillance du Secteur Financier (CSSF) issued Circular 23/838 to implement the European Banking Authority's guidelines on remuneration practices and the gender pay gap under Directive (EU) 2019/2034. This circular mandates that supervised entities conduct benchmarking exercises to ensure their remuneration policies align with regulatory standards and promote gender pay equity. It establishes the specific requirements and procedures for compliance with these European regulatory expectations within the Luxembourg financial sector.
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 benchmarking exercises on remuneration practices and the gender pay gap under Directive (EU) 2019/2034 (EBA/GL/2022/07)
PDF (477.35Kb)
PDF (605.09Kb)