On 25 April 2024, the European Banking Authority (EBA) published its report on high earners for 2022.
In 2022, the number of high earners receiving remuneration of more than EUR 1 million increased by 19.7% from 1,957 in 2021 to 2,342 in 2022. The EBA’s analysis also highlights a persistent gender imbalance within
On 25 April 2024, the European Parliament adopted the text of the proposed Corporate Sustainability Due Diligence Directive. The draft Directive still needs to be formally adopted by the Council of the EU. Following this it will be published in the Official Journal of the EU (OJ).The Directive enters into force on the
On 25 April 2024, the European Parliament issued a press release stating that it had adopted the text of the proposed Regulation on the transparency and integrity of environmental, social and governance rating activities. The legislative measures still need to be formally adopted by the Council of the EU. Following this they will be published
On 25 April 2024, the European Parliament issued a press release stating that it had adopted the text of the proposed Regulation amending the Capital Requirements Regulation as regards requirements for credit risk, credit valuation adjustment risk, operational risk, market risk and the output floor (CRR III) and the proposed Directive amending the
On 25 April 2024, the European Parliament issued a press release stating that it had adopted the text of a proposed Regulation amending the European Market Infrastructure Regulation as regards measures to mitigate excessive exposures to third country central counterparties (CCPs) and improve the efficiency of EU clearing markets (EMIR 3).
On 25 April 2024, the European Parliament issued a press release stating that it had adopted a first reading position on the proposed Regulation amending the Benchmarks Regulation as regards the scope of the rules for benchmarks, the use in the Union of benchmarks provided by an administrator located in a third country and certain
On 24 April 2024, the European Banking Authority (EBA) issued a consultation paper containing draft regulatory technical standards (RTS) on the method for identifying the main risk driver of a position and for determining whether a transaction represents a long or a short position as referred to in Articles 94(3), 273a(3)
