Regulatory Alerts2022-12-09
Added · Updated
Instruction No. 2022-I-19 of December 9, 2022 on the collection of remuneration information for entities subject to Regulation EU/575/2013
The Prudential Control and Resolution Authority (ACPR) issues Instruction No. 2022-I-19 to mandate the annual, biennial, or triennial submission of detailed remuneration data from credit institutions and financial holding companies in France. The regulation requires entities to report on total personnel compensation via Annexes 1-3, calculate gender pay gaps using Annex 4, and disclose variable-to-fixed pay ratio exceptions via Annex 5. Submissions must be filed electronically in XBRL format by June 15 of the relevant year, replacing previous instructions from 2014 and 2016.
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