EBA publishes its final revised Guidelines on sound remuneration policies

02 July 2021

Metadata
Provider: 
EBAEBA
URL: 
https://www.eba.europa.eu/eba-publishes-its-final-revised-guidelines-sound-remuneration-policieshttps://www.eba.europa.eu/eba-publishes-its-final-revised-guidelines-sound-remuneration-policies
Retrieved on: 
Friday, July 2, 2021
Information
Tags: 
Financial services, Capital requirement, Bank regulation, European Union, Finance, European Union directives, Capital Requirements Directives, European Banking Authority, Gender neutrality
Summary
Key Points: 
  • 02 July 2021

    The European Banking Authority (EBA) published today its revised Guidelines on sound remuneration policies.

  • This update takes into account the amendments introduced by the fifth Capital Requirements Directive (CRD V) in relation to institutions sound remuneration policies and, in particular, the requirement that remuneration policies should be gender neutral.
  • In this context, the final revised Guidelines specify further that institutions should implement a gender-neutral remuneration policy.
  • The EBA will follow up on institutions practices with a report to be published within two year after the publication of the final Guidelines.
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