+Guidelines on the benchmarking of diversity practices including diversity policies and gender pay gap (EBA/GL/2023/08)
---+3. Compliance and reporting obligations
------+Status of these Guidelines
---------+1. This document contains Guidelines issued pursuant to Article 16 of Regulation (EU) No 1093/2010 …
---------+2. Guidelines set out the EBA view of appropriate supervisory practices within the European System …
------+Reporting requirements
---------+3. According to Article 16(3) of Regulation (EU) No 1093/2010, competent authorities must notify …
---------+4. Notifications will be published on the EBA website, in line with Article 16(3). 5 Regulation …
---+Subject matter, scope and definitions
------+Subject matter
---------+5. These GL specify, for the purposes of the harmonised benchmarking of diversity practices in …
---------+6. These GL also specify for the purposes of the harmonised benchmarking of the gender pay gap at …
------+Scope of application
---------+7. The GL apply in relation to the information that competent authorities should collect from …
---------+8. The GL apply on an individual basis as set out in Articles 6 to 10 of Regulation (EU) No …
------+Addressees
---------+9. These GL are addressed to competent authorities as referred to in Article 4(2), points (i) and …
------+Definitions
---------+10. Terms used and defined in Directive 2013/36/EU, Regulation (EU) No 575/2013 and Directive (EU) …
---+Implementation
------+Date of application
---------+11. These GL apply from 27.06.2024.
---+4. Guidelines
------+1. Sample of institutions and investment firms to be included in the diversity benchmarking exercise
---------+12. Competent authorities should collect and submit to the EBA data on diversity practices …
---------+13. The sample should consist of institutions subject to Directive 2013/36/EU and investment firms …
---------+14. The EBA will approach competent authorities in good time before each data collection exercise …
---------+15. Competent authorities should inform institutions and investment firms that form part of the …
------+2. Submission of diversity practices benchmarking data
---------+16. Institutions and investment firms should ensure that they are able to provide information on …
---------+17. Institutions and investment firms that have been selected to form part of the sample should …
---------+18. Competent authorities should submit to the EBA the data provided by institutions and investment …
------+3. Requirements for reporting of diversity benchmarking
---------+19. Credit institutions and investment firms should submit the information referred to in these GL …
---------+20. The data submitted by the credit institutions and investment firms should be associated with …
------+4. General specifications for the submission of diversity practices benchmarking data
---------+21. The reference date for data on diversity practices, including the diversity policy should be …
---------+22. Financial information should be submitted using accounting year-end figures in EUR. Where …
---------+23. In many cases, the possible range of input data is defined. Where the correct answer would not …
------+5. Specification of the governance system to be provided
---------+24. Institutions and investment firms should indicate their governance system. For this exercise …
------+6. Specifications for the submission of data on members of the management body
---------+25. Where data are requested about the CEO, only data for the CEO should be reported under this …
---------+26. Where data are to be provided for executive directors, this data should include information on …
---------+27. Where data are requested about the chairperson, only data for the chairperson should be …
---------+28. Where data are to be provided for non-executive directors, this data should include separately …
---------+29. Members of the management body should be allocated to the gender with which they associate …
---------+30. Where an executive director holds the position of the chairperson of a unitary board, the …
------+7. Specifications for the calculation of the gender pay gap
---------+31. Competent authorities should collect data on the gender pay gap from institutions and …
---------+32. To calculate the gender pay gap, institutions and investment firms should determine the total …
---------+33. Where non-executive directors or employee representatives receive remuneration only for their …
---------+34. For employee representatives only the amounts awarded for their function as member of the …
---------+35. Where a member of the management body was remunerated only for a part of the financial year …
---------+36. Members who were no longer a member of the management body at the end of the financial year …
---------+37. Institutions and investment firms should comply with the following instructions when …
---------+38. The mean should be calculated as the sum of the remuneration divided by the number of directors …
---------+39. The median to be calculated under paragraph 37(c) is the middle value of the distribution of …
---------+40. Institutions and investment firms should calculate for each of the categories provided in Annex …
---------+41. When the gender pay gap between male and female members or the pay gap between male and …
---------+42. Where the remuneration for the reference data has not yet been approved, institutions and …
------+8. Data quality
---------+43. Before submitting data to their competent authorities, institutions and investment firms should …
---------+44. When requested by the EBA, competent authorities should provide as necessary corrected data or …
---------+45. For the data quality checks, competent authorities should verify: a. that the templates are …
---------+46. When submitting diversity practices benchmarking data to the EBA, competent authorities should …
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Guidelines on the benchmarking of diversity practices including diversity policies and gender pay gap (EBA/GL/2023/08)

Guidelines on the benchmarking of diversity practices including diversity policies and gender pay gap (EBA/GL/2023/08)

https://www.eba.europa.eu/activities/single-rulebook/regulatory-activities/internal-governance/guidelines-benchmarking-diversity-practices-including-diversity-policies-and-gender-pay-gap – PDF

1. Overview

,
3. Compliance and reporting obligations

3. Compliance and reporting obligations
Subject matter, scope and definitions

Subject matter, scope and definitions
Implementation

Implementation
4. Guidelines

4. Guidelines

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards
  • EBA - Published by the European Banking Authority at https://www.eba.europa.eu/