3.1. List of institutions included in the benchmarking exercises

Competent authorities should inform the EBA, by 31 March of the calendar year following the year for which data are to be collected – about the list of institutions that should be included in:

• a. the remuneration benchmarking and
• b. the gender pay gap benchmarking exercise.

Changes to the sample of institutions should be avoided as much as possible to ensure that the sample remains stable. For the purposes of paragraph 24, competent authorities should inform the EBA about any changes compared to the previous data collection, including with regard to changes of names of institutions or their legal entity identifier. Competent authorities should inform institutions that are selected to participate in the data collections in a timely manner.

Competent authorities should, following a communication from the EBA, remove from the list institutions for remuneration benchmarking that are subsidiaries of Union parent undertakings established in another Member State and for which the relevant data will be submitted to the EBA by another competent authority at a higher level of consolidation.

Where there is more than one competent authority, e.g. one responsible for the prudential supervision of institutions and another one for investment firms subject to Article 1(2) or (5) of Regulation (EU 2019/2033), in a Member State or where the responsibility for supervision lies with the European Central Bank, the competent authorities should co-ordinate the data collection amongst themselves and provide each other with the necessary data and information to ensure that only one set of data is collected and reported to the EBA for that Member State.