Regulatory Alerts2025-01-24
Added
Instruction No. 1/2025
Credit institutions must report diversity practices, including diversity policies and gender pay disparities among administrative and supervisory board members, to the Bank of Portugal. The information, based on EBA/GL/2023/08 Annexes I to XI, is submitted individually via the BPnet file transfer service using the EBA taxonomy version 3.5 format. Reporting occurs every three years by April 30 of the year following the reference date of December 31, with the initial report due by April 30, 2025, covering data from December 31, 2024. The Bank of Portugal notifies affected institutions of their reporting obligations by January 31 each year.
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