RegAlert2023-12-18
Added
Final report on Guidelines on the diversity benchmarking exercise
The European Banking Authority establishes guidelines for the harmonized benchmarking of diversity practices, including management body composition, diversity policies, and the gender pay gap, for institutions and investment firms. Competent authorities must collect data from a representative sample covering at least 10% of entities per category in each Member State, with a minimum of 5 and maximum of 50 institutions or investment firms per category. The first data collection exercise is scheduled for 2025 with a reference date of 31 December 2024, and the EBA will publish a benchmarking report every three years. Competent authorities are required to notify the EBA of their compliance status by 27 May 2024.
EBA published 1 document in the last 30 days — get each new one by email the day it lands.
EBA/GL/2023/08
18 December 2023
Final Report on the Guidelines on benchmarking of diversity practices, including diversity policies and gender pay gap, under Directive 2013/36/EU and Directive (EU) 2019/2034
FINAL REPORT ON GL ON THE DIVERSITY PRACTICES BENCHMARKING EXERCISE 2 Contents
- Executive summary 3
- Background and rationale 4
- Compliance and reporting obligations 9
Status of these Guidelines 9
Reporting requirements 9
Subject matter, scope and definitions 10
Subject matter 10
Scope of application 10
Addressees 10
Definitions 11
Implementation 12
Date of application 12 - Guidelines 12
- Sample of institutions and investment firms to be included in the diversity benchmarking
exercise 12 - Submission of diversity practices benchmarking data 13
- Requirements for reporting of diversity benchmarking 13
- General specifications for the submission of diversity practices benchmarking data 14
- Specification of the governance system to be provided 14
- Specifications for the submission of data on members of the management body 15
- Specifications for the calculation of the gender pay gap 15
- Data quality 18
- Accompanying documents 19
5.1 Draft cost-benefit analysis / impact assessment 19
5.2 Feedback on the public consultation and on the opinion of the Banking Stakeholder Group 23
Read the rest free, and get an email when EBA publishes again
Lineage: In force
Source: European Banking Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
More like this from EBA
EBA published 1 document in the last 30 days. We email you each new one the day it's published.