The European Banking Authority (EBA) launched a consultation to update its Guidelines on the remuneration benchmarking exercise under the Capital Requirements Directive (CRD).
The additional revisions to the Guidelines reflect the changes made to remuneration and disclosure requirements as well as the new remuneration framework for investment firms. The benchmarking of the gender pay gap, suggested by the EBA, will allow competent authorities to monitor the implementation of such measures and their development at different levels of pay.
The consultation runs until 21 March 2022.
Read more here.